Bitcoin rebounds to $60k as whales add $4B to holdings: Trump effect?

Quick Summary:

The price of Bitcoin has seen an increase in the last 24 hours, coinciding with the news of an assassination attempt on Donald Trump.

Further analysis of other data showed that wallets holding between 1,000 and 10,000 BTC have been particularly active, suggesting that this segment of investors is driving much of the recent whale activity.

Analysis of Bitcoin on a daily timeframe showed a sequence of uptrends towards the end of last week, according to a chart study by AMBCrypto.

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Article Details

Author / Journalist: Adewale Olarinde

Category: Crypto

Markets: United States

Topics: BTC Trading View Trading View News 1 News Bitcoin Ambcrypto Social

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-14 @ 17:00:58 (3 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 716 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 21612602

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 22 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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