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Bitcoin eyes $70,000 as Trump gets ready for Nashville speech

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” Bitcoin” Bitcoin eyes $70,000 as gets ready for Nashville speech

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Jul. 27, 2024

Trump's upcoming speech might place Bitcoin as property, stated Robert F. Kennedy Jr.

Secret Takeaways

  • Bitcoin rate rose to $69,300 today, signing up a 3% boost in 24 hours.
  • Trump's speech may state Bitcoin as a United States reserve property.

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Bitcoin is poised to go beyond the $70,000 mark as anticipation develops for ' s upcoming speech at the Bitcoin 2024 Conference in Nashville. According to information from , earlier today, Bitcoin' s rate peaked at $69,300, showing a 3% boost over the previous 24 hours.

Trump has actually currently gotten here in Nashville, all set to provide his keynote speech in less than 30 minutes. Speculations are swarming that his speech may consist of an exceptional statement relating to Bitcoin' s function in United States monetary technique.

United States governmental prospect Robert F. Kennedy Jr. recommended that Trump may expose strategies to designate Bitcoin as a reserve property.

I comprehend that President Trump might reveal tomorrow his to the United States federal government to acquire one million Bitcoins as a tactical reserve property, and I praise that statement,” stated Kennedy, speaking at the Bitcoin 2024 conference on Friday.

David Bailey, CEO of BTC Inc., kept in mind the Bitcoin neighborhood' s robust assistance for Trump, who has actually moved from his formerly vital view of cryptos to now accepting contributions in them and promoting domestic Bitcoin .

Bitcoin' s rate rose previous $67,000 previously today in anticipation of Trump' s keynote speech, CoinGecko' s information programs.

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