Bitcoin breaks through $66,000! Harris promises to support the regulatory framework for digital currency.
USA presidential candidate and current Vice President Harris has promised to support the regulatory framework for digital currency, boosting the trend of digital currency on Monday. In addition, the bankrupt Mt. Gox cryptocurrency exchange postponed the deadline for repaying the remaining assets to creditors for a year last week, alleviating concerns about oversupply from the potential sale of returned bitcoins. Bitcoin and Ether prices have risen by at least 6%.
The significant risks in November are undergoing crucial changes.
Less than a month away from the usa presidential election day on November 5th, the market is starting to price in the risks of the election results. Currently, Trump has regained a leading advantage, adding variables to the election. CICC believes that for subsequent assets, the overall bullishness of the election is favorable for US stocks but tariffs are unfavorable for chinese assets; the US dollar is relatively strong, gold is neutral, interest rates are rising; bulk commodities may benefit from expectations of Trump's stimulus.
Express News | Trump's economic adviser: Potential new government will support a strong US dollar, or restrict the rise of cryptos.
October 14th BTC/ETH spot etf net inflow/outflow
Yesterday (October 14), the net inflow of bitcoin spot ETF in the USA was $555.94 million; the net inflow of ethereum spot ETF in the USA was $17.11 million.
Daily Digital Currency Update (2024-10-15)
According to CoinDesk's report, research from investment bank Jefferies shows that bitcoin mining profits decreased in September, despite bitcoin prices remaining relatively stable, network hash rate increased by about 1.7%.
Bitcoin Lifted by Bets on Clearer US Crypto Rules After Election