Bitcoin Rebounds to $67K Ahead of Trump Speech in Nashville

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Bitcoin has jumped 4.3% as futures traders skew toward long positions ahead of Donald Trump’s speech at the Bitcoin 2024 conference in Nashville, Tennessee.

Bitcoin has recovered most of its losses from the week as traders wait to see what happens when former United States President Donald Trump takes the stage at the Bitcoin 2024 conference in Nashville, Tennessee. 

“Nobody wants to short Bitcoin into the weekend,” 10x Research CEO Markus Thielen wrote in a July 25 analyst note.


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