Best Crypto to Buy Now July 15 – Mog Coin, Notcoin, VeChain
Bitcoin (BTC) has demonstrated significant upward momentum recently, breaking out of its consolidation triangle and surging by almost 8% over the last three days.
Today’s BTC/USD chart shows that the price has surpassed $60,000 as Bitcoin trades at $63,108 at press time.
Several bullish drivers have been identified for this recent price movement. The weakening US Dollar, influenced by slowing inflation and high expectations of a Federal Reserve rate cut as early as September, has played a significant role.
Additionally, substantial inflows into Bitcoin ETFs, reaching approximately $300 million last week, continue to provide strong support for the price.
Bitcoin’s price jumped following Saturday’s shooting at Trump rally in Pennsylvania. Many observers argue that the market might start to price in a potential Trump victory in November.
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