Bitcoin wakes up at the opening of Wall Street with the bulls
Good news follows to wit, “Bitcoin surged higher at Wall Street's July 19 open as confusion reigned over whether U.S. President Joe Biden would abandon his re-election campaign.”
According to Charles Edwards, founder of quantitative Bitcoin and digital asset fund Capriole Investments, “Market hours for IBIT open at 9.30am ET. In a matter of minutes, Bitcoin soared from USD 64K, now above USD 65K.”
It has been noted that, “Edwards was referring to the ongoing fallout from a computer meltdown related to Microsoft's Crowdstrike software, which has affected transportation, banks and other businesses around the world”
At the same time, turmoil gripped U.S. President Joe Biden's re-election campaign, with conflicting reports about his continuity. His opponent, Donald Trump, sparked a cryptocurrency market rally last week after surviving a failed assassination attempt.
On the other hand, for trader, analyst and podcast host Scott Melker, known as the “Wolf Of All Streets,” meanwhile updated his coverage of the Bitcoin relative strength index (RSI), continuing the bullish mood.
SOURCES CONSULTED
Cointelegraph. Bitcoin bulls charge toward $66K as BTC price eyes new 1-month high. Link
OBSERVATION:
The cover image does not belong to the author: @lupafilotaxia, the image was taken from: Cointelegraph
