Bitcoin and other cryptocurrencies tumbled as geopolitical risks escalated following the Federal Reserve meeting, with BTC falling below $65,000 amid reports of potential Iranian retaliation against Israel.
The Bank of Japan increased interest rates to 0.25%, marking its second hike since 2007, while markets await the Federal Reserve’s decision expected to maintain current rates.
Elon Musk’s recent comments about his affinity for Dogecoin have rekindled speculation about the meme cryptocurrency’s potential to reach $1, despite his cautious approach to crypto promotion.
At the Bitcoin 2024 conference, Donald Trump promised to make the US the “crypto capital of the world” if elected president, joining other candidates in courting the cryptocurrency vote.
Elon Musk’s X platform has removed several cryptocurrency emojis, including Bitcoin’s, leaving the crypto community confused and calling for a universal digital symbol.
Asset manager Bryan Courchesne suggests that a future Trump administration might adopt Bitcoin as a strategic reserve asset, sparking debate about the cryptocurrency’s potential role in national finances.
As a major IT outage affected numerous services globally, the crypto community highlighted blockchain networks’ resilience, sparking discussions on decentralization and system vulnerabilities.
A U.K. court ordered Craig Wright to post a legal notice on his website stating he is not Bitcoin’s inventor, following his extensive lies and document forgery in attempts to claim he was Satoshi Nakamoto.
Bitcoin’s price climbs above $60,000 after an assassination attempt on Donald Trump at a rally, potentially boosting his re-election odds and impacting market sentiment.
Recent cryptocurrency market corrections have led to significant price drops for Bitcoin and Ethereum, but major institutions are buying the dip, signaling confidence. Analysts predict a temporary downturn before the bull run resumes.
