Bitcoin News

Bitcoin (BTC) is back on the bullish track ocne again, closing in on the crucial $70,000 barrier.

On July 18, Tyler Winklevoss, co-founder of the Gemini crypto exchange, announced a notable political donation of $500,000 worth of Bitcoin to support John Deaton’s Senate campaign in Massachusetts.

Nearly $1.8 billion in Bitcoin (BTC) and Ethereum (ETH) options are expiring today, stirring expectations of increased market turbulence.

Bitcoin remains stable, hovering just above critical support levels and trying to reclaim the $65,000 mark.

Former President and current Republican presidential candidate Donald Trump is rumored to announce Bitcoin as a “strategic reserve asset” at a crypto conference in Nashville later this month. This potential move could mark a significant shift in U.S. financial strategy.

A crypto strategist who accurately predicted Bitcoin’s pre-halving correction now believes BTC is entering an uptrend.

Bitcoin is anticipated to reach $110,000 in its next major rally despite ongoing concerns about a pattern of “lower highs and lower lows” on the BTC price chart.