Bitcoin rebound continues to near $65,000, ether gains amid ETF launch news | Headlines | News | CoinMarketCap

07/16/2024 10:09
Bitcoin rebound continues to near $65,000, ether gains amid ETF launch news | Headlines | News | CoinMarketCap

Bitcoin’s price continues to rebound from its dip earlier this month, now trading back above $64,000. The world’s largest cryptocurrency had been …

Bitcoin’s price continues to rebound from its dip earlier this month, now trading back above $64,000. The world’s largest cryptocurrency had been trading below $60,000 for around 10 days before it started to recover over the weekend.

The token rose 5.89% to $64,894 in the past 24 hours, according to The Block’s bitcoin price page. The wider cryptocurrency market is up 4.97% in the past day. Ether added 6.08% to $3,468, and BNB jumped 6.51% to change hands at around $581 at the time of writing.

Pro-crypto former U.S. President and presumptive Republican candidate Donald Trump’s survival of the assassination attempt at Saturday’s rally appeared to serve as a catalyst for bitcoin’s recovery. Bitcoin’s downturn earlier this month was primarily driven by concerns of significant selling …

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