Bitcoin, Ethereum, Dogecoin Move Sideways As Trump Raises Pro-Crypto Pitch - Why Does This Analyst Think Longing King Crypto Could Soon Be A Good Option?
Portfolio Pulse from Aniket Verma
Leading cryptocurrencies like Bitcoin and Ethereum held their gains as Donald Trump made pro-crypto promises. Bitcoin nearly touched $69,000, and Ethereum retraced to $3,270. Futures Open Interest for both increased, signaling a potential upside breakout. Stock market futures also edged higher, with Microsoft and Apple set to report earnings. The Federal Reserve will hold an FOMC meeting this week.
July 29, 2024 | 2:30 am
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POSITIVE IMPACT
Apple is also set to report its second-quarter performance this week, which could impact its stock price.
Apple's earnings report is a key event that could affect its stock price. Strong performance may result in a price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Microsoft is set to report its second-quarter performance this week, which could impact its stock price.
Microsoft's upcoming earnings report is a significant event that could influence its stock price. Positive results may lead to a price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80