Bitcoin Price Prediction for August as Donald Trump’s Lead Slips In Latest Polls
The post Bitcoin Price Prediction for August as Donald Trump’s Lead Slips In Latest Polls appeared on BitcoinEthereumNews.com.
DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . The Bitcoin price has rejected strongly from the $70k price mark, trading as low as $65,700 today on Tuesday. Several factors are contributing to the selling pressure on BTC. For instance, the US government moved $2 billion worth of its Bitcoin holdings, which spooked several whales into panic selling. The FOMC meeting and monthly close on Wednesday are also adding to the volatility. However, Bitcoin price predictions from experts are not underestimating the fact that pro-crypto candidate Donald Trump has slipped up in the latest polls against Vice President Kamala Harris. Smart money traders are already divesting into presale tokens to weather the short-term volatility. For instance, a new meme coin WienerAI is surging in its presale, having already raised over $8 million. Pro Crypto Donald Trump Slips In Latest Polls Former President Donald Trump has been the key factor behind Bitcoin’s bullish strength in July. The failed assassination attempt on Trump kickstarted BTC’s recovery. Furthermore, his speech at the Bitcoin Conference last Sunday pushed the Bitcoin price to as high as $70k. The former president announced the launch of a Bitcoin Strategic Reserve, promising that his government will not sell any BTC it holds or acquires in the future. He also promised to fire Gary Gensler from the SEC on day one, to thunderous applause from the audience. The crypto industry is square behind Donald Trump and prices climbed as he appeared as the favorite against Biden. However, Trump is no longer the clear favourite. In fact, the latest poll from Redfield has Kamala Harris Leading against her opponent by two…
Filed under: News - @ July 30, 2024 11:24 pm