Crypto Landscape: RFK Jr.'s Independent Run, Aid for Israel, and BitVM's Bitcoin Innovation
Bitcoin is trading at $27,653, down 1% on Tuesday. Robert F. Kennedy Jr., a pro-crypto advocate, has left the Democrats to run independently for the US presidency. He supports backing the US dollar with assets like Bitcoin.
Crypto firms Fireblocks and MarketAcross have initiated Crypto Aid Israel to provide humanitarian aid during the Israel-Hamas conflict, showcasing crypto's role in crisis relief.
BitVM, introduced by Bitcoin developer Robin Linus, brings Ethereum-style smart contracts to Bitcoin. This innovation, though opt-in, could enhance Bitcoin's utility and market appeal.
In Bitcoin's technical analysis, it's currently at $27,653 with resistance at $28,000, $28,300, and $28,600, and support at $27,280, $26,750, and $26,420. The RSI at 45 suggests a neutral market sentiment. The trend remains bearish below $27,760.
These developments highlight the dynamic nature of the crypto landscape, with potential impacts on market sentiment.
Posted through the ECblog app (https://blog.etain.club)
Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
please click it!
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)
The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.