Bitcoin price remains stable at $67k despite US political uncertainty

From Investing.com

July 22, 2024 02:17 AM:

Bitcoin price steadied after Biden announced he would not seek reelection, causing uncertainty over the 2024 elections. Trump, polling ahead of Biden, said he preferred to run against Harris. The market rallied on hopes of Trump winning a second term, as he has expressed support for crypto. Harris’s potential candidacy dampened some optimism.

Altcoins remained steady, following Bitcoin’s movements. Ethereum fell slightly, with focus on the approval of a spot Ether ETF for U.S. markets. Other altcoins had mixed movements, with some gaining on speculation of future ETFs. Meme tokens showed varied performance, reflecting ongoing market volatility.

Read more at Investing.com: steady at $67k as weekend rally cools; US politics in focus By Investing.com