Crypto Market Cap Dips Another 2%. Can The Bitcoin Price Recover Next Week?
Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...
The bitcoin price hovers around $59,370, just above a crucial support level at $57,998, while the crypto market cap dipped another 2%, raising concerns about the potential for recovery next week.
As traders closely monitor key levels, the market awaits signs of whether Bitcoin can break through immediate resistance or face further declines.
Donald Trump has announced an ambitious plan to position the United States as the “crypto capital of the world.” Introducing his family’s crypto platform, “World Liberty Financial,” Trump aims to boost the nation’s crypto industry and prevent business closures.
The platform is a collaboration with his sons, Eric and Donald Trump Jr., who are also strong supporters of decentralized finance.
Bullish: Donald Trump Promises Plan to Make US the World’s ‘Crypto Capital’https://t.co/LWFhlTSi88
Trump has raised $25 million from crypto leaders for his 2024 presidential campaign and has vowed to eliminate central bank digital currencies (CBDCs) while developing a national crypto reserve.
His support for crypto could positively impact Bitcoin prices and lead to more favorable regulations.
PayPal customers now have a “passport” to the crypto world. Through a new partnership with MoonPay, U.S. customers can buy over 110 cryptocurrencies directly via their PayPal accounts.
This integration, already available in Europe and the U.K., simplifies crypto transactions by eliminating the need to re-enter identity and payment information.
MoonPay: PayPal users now hold a 'passport' to the world of crypto
Read more on cryptonews.com
