Biden’s Exit Fuels Bitcoin Surge Amid Trump Re-Election Talk

  • Bitcoin’s price rises with new Ethereum ETFs and Trump’s crypto support.
Trump endorses crypto; Bitcoin rises | $MTAUR presale
  • Trump supports crypto, attracting votes from the sector

Bitcoin (BTC) is on the cusp of significant price movements due to two major catalysts: the launch of new Ethereum ETFs and the evolving political landscape with Donald Trump's increased engagement in the crypto space.

Ethereum ETF Approval, Trump's Crypto Endorsement, and Bitcoin's Bullish Outlook

Recently, the nine new Ethereum ETFs got approval, sparking interest within the community. The price of Bitcoin (BTC) stabilized around $67,130, with predictions of a surge to $70,000.

Ethereum ETFs saw significant transaction volumes, though at half the pace of Bitcoin ETFs on their launch days. The market cap of Bitcoin (BTC) rose to $1.32 trillion, maintaining a 54.5% market share.

Former President Trump, previously a Bitcoin (BTC) critic, is now engaging with the crypto community. He will headline a major Bitcoin (BTC) conference in Nashville, signaling his shift towards digital assets.

This endorsement is seen as a bullish signal, potentially driving the price of Bitcoin (BTC) higher.

Bitcoin (BTC) needs a daily close above the 20-day EMA to mitigate bearish pressures. Robert Kiyosaki predicts Bitcoin (BTC) could reach $105,000 if Trump wins the election. Crypto enthusiasts should watch for Bitcoin (BTC) breaking new resistance levels soon.

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Trump endorses crypto; Bitcoin rises | $MTAUR presale

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Jake Thompson

Jake Thompson, from San Jose, CA, is a seasoned writer specializing in blockchain & crypto. With over a decade of tech industry experience, he excels in making complex concepts accessible. An avid gamer and digital artist, Jake also enjoys hiking Northern California's scenic trails.

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