Trump isn’t the only ‘story’ driving Bitcoin’s price higher, says exec

Quick Summary:

Donald Trump’s win in the United States presidential election may not be the "main story” driving the Bitcoin price rally, says Onramp Bitcoin co-founder Jesse Myers.

Magazine: BTC’s ‘incoming’ $110K call, BlackRock’s $1.

He was confident that the US would establish a strategic Bitcoin reserve and other countries would follow, along with institutional asset allocators and managers.

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Article Details

Author / Journalist: Cointelegraph by Martin Young

Category: Crypto

Markets: United States

Topics: Supply shock BTC Bitcoin prices Supply and demand Halving

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 03:23:46 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 11 lines

Sentence Length: 41 words per sentence (average)

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

Copyright Owner: © Coin Telegraph

News ID: 23542824

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 30 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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