Trump Media Adds 1,510 BTC As Bitcoin Approaches A Key Technical Turning Point
Bitcoin price could be approaching an important turning point as President Donald Trump’s media company expands its cryptocurrency holdings despite recent market uncertainty. The development comes as Bitcoin attempts to recover from its latest price correction, raising questions about whether renewed corporate accumulation could help buyers regain control. Trump Media & Technology Group reported a […]
Key Takeaways
- Bitcoin price could be approaching an important turning point as President Donald Trump’s media company expands its cryptocurrency holdings despite recent market uncertainty.
- The development comes as Bitcoin attempts to recover from its latest price correction, raising questions about whether renewed corporate accumulation could help buyers regain control.
- Trump Media & Technology Group reported a […]
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Trump Media Reveals 4,359 Bitcoin Buy After the President Called Crypto Dangerous
Trump Media bought 4,359 Bitcoin in Q3, but nearly all 15,649 coins are pledged as $1 billion in notes face a cash test. The post Trump Media Reveals 4,359 Bitcoin Buy After the President Called Crypto Dangerous appeared first on BeInCrypto.
Bitcoin Falls as Hot US Inflation Fuels Fears of Bigger Fed Rate Hike
Bitcoin fell below $74,000 after October inflation beat forecasts, increasing pressure on the Federal Reserve to raise rates again at its December meeting.
Bitcoin nears 11-week low after ‘discouraging’ US CPI inflation beat
Bitcoin and US stocks initially fall after October inflation tops forecasts, with traders expecting a quarter-point Fed rate hike in December.