Bitcoin Price Hits 10-Day High of $60.4K Amidst Market Volatility

Sunday, 14 July 2024, 10:10
Bitcoin surpassed the $60,000 mark on July 14 following a surge in prices triggered by an attempt on the life of US presidential candidate Donald Trump. The sharp increase in BTC price to over $60,400 reflects the impact of external events on cryptocurrency markets. Traders are wary of a potential bear trap in the midst of heightened volatility.
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Bitcoin Price Hits 10-Day High of $60.4K Amidst Market Volatility

Bitcoin Price Surge

Bitcoin climbed above $60,000 on July 14, driven by market uncertainty.

Market Reaction

  • Sharp Increase: BTC price spikes above $60,400 in response to the incident.
  • Volatility: Data shows rapid fluctuations in the cryptocurrency market following the news.

Traders are on alert for a possible bear trap amidst the turmoil.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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