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Bitcoin hits six-week high in wake of Trump’s pro-crypto speech

Pelican Press

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Bitcoin hits six-week high in wake of Trump’s pro-crypto speech

Bitcoin touched the highest level since mid-June after Donald Trump expanded his pro-crypto agenda and as expectations for US Federal Reserve interest-rate cuts bolstered investor sentiment.

The largest digital asset rose as much as 2.6 per cent on Monday and changed hands at $US69,462 as of 11:40 a.m. in Singapore. Smaller tokens such as Ether, Solana and meme-crowd favorite Dogecoin also pushed higher.

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