Bitcoin climbs to $61.7k as Fed minutes hint at rate cut in September
The document also hints at a 25 basis points (bps) rate cut due to "recent progress on inflation" and "increases in the unemployment rate."
Track 2024 election crypto news, candidate positions, regulation debates, PAC activity, and how voters and markets are responding.
The rumors are yet to be confirmed, as Custodia Bank's CEO Caitlyn Long stated that "multiple" Democrats denied the possibility of such a nomination.
Politically charged trading on Polymarket shows strategic maneuvers ahead of the 2024 US election.
Bringing energy costs down could attract Bitcoin mining operations to the U.S., decentralizing the network and enhancing its security.
Trump's team is expected to play a pivotal role in shaping the policies of a potential second term, particularly those related to digital assets and blockchain technology.
Odds of a Harris win soar on Polymarket as Democrat voices show support for a positive crypto regulation.
The endorsements come as a shock to many Republicans, who had increasingly viewed the crypto sector as a natural partner in their push for innovation and economic growth.