Bitcoin (BTC) Retakes 200-Day Average as ‘Trump Trades’ Back In Vogue After Weekend Attack

In
recent
months,
Trump
has
reversed
course
and
embraced
crypto
to
outflank
his
rival,
Joe
Biden,
and
win
over
the
supposedly
single-issue
crypto
community,
which
is
seeking
a
friendlier
regulatory
environment
for
the
industry.
As
such,
bitcoin
and
the
broader
crypto
market
have
become
bets
on
Trump’s
victory.
The
former
president
is
committed
to
speaking
at
the
Bitcoin
2024
conference
in
Nashville,
Tennessee,
on
July
27.