Trump Highlights Bitcoin’s Role in Creating Jobs and Easing Pressure on the US Dollar

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

On June 28th, former US President Donald Trump acknowledged the growing significance of cryptocurrency as a transformative sector within the financial landscape. He emphasized that the digital asset industry has evolved into a powerful economic force, contributing to job creation across various sectors. Additionally, Trump highlighted Bitcoin’s role in providing an alternative mechanism that has somewhat mitigated the dominance of the US dollar in global markets. This recognition from a prominent political figure underscores the increasing integration of cryptocurrencies into mainstream economic discussions and policy considerations.

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