Bitcoin Surges as Wall Street Opens Amid Biden Reelection Uncertainty
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Bitcoin spiked higher on July 19 as Wall Street opened, amid confusion about whether U.S. President Joe Biden would abandon his reelection campaign. Data from Cointelegraph Markets Pro and TradingView showed a resurgent Bitcoin, with BTC/USD challenging one-month highs. Bitcoin surprised market participants by rising more than 2.5% on the day after previously showing lackluster behavior. “The market hours for IBIT open at 9.30am ET. Within minutes, Bitcoin shot up from $64K, now above $65K,” Charles Edwards, founder of Capriole Investments, commented on X. “Did some institution just wake up and decide Bitcoin is a safe haven decentralized store of
Source: CryptoIntelligence
