Bitcoin price today: rises to nearly $67k with Trump speech in focus By

-- Bitcoin price rose on What to do if you are cheated by a fake foreign exchange platformFriday, recovering some measure of losses this week as crypto markets awaited an address by Republican presidential nominee Donald Trump at the Bitcoin Conference this weekend. 

The rose 4.2% in the past 24 hours to $67,006.2 by 02:07 ET (06:07 GMT), recovering from lows of around $63,000 hit earlier in the week.

Bitcoin was caught up in a wave of selling pressure across global financial markets, which saw investors dump risk-driven assets. This risk-off trend was particularly damaging to crypto, given the sector’s highly speculative nature.

But this risk-off trend appeared to easing somewhat on Friday. 

Trump set for keynote address at Bitcoin Conference

Trump is set to appear as a keynote speaker at the Bitcoin Conference in Nashville on Saturday, with his appearance coming as the former president struck a largely pro-crypto tone in recent campaigning efforts. 

Crypto traders will be largely watching to see if he maintains this rhetoric during the address, and whether he will provide plans for more regulatory clarity in the U.S. crypto industry. 

Speculation over a Trump presidency had afforded Bitcoin some strength last week, especially as the Republican candidate was seen leading in approvals after a failed assassination attempt. 

But Democratic frontrunner Kamala Harris, who was endorsed by President Joe Biden after he dropped out of the election race, was seen narrowing the gap with Trump, polls showed this week. 

A Harris presidency is expected to potentially continue the government’s regulatory crackdown on crypto, which had rattled the industry over the past two years. 

Marathon Digital buys $100 mln of Bitcoin

Marathon Digital Holdings Inc (NASDAQ:), one of the biggest Bitcoin miners in the U.S., said on Thursday it had purchased $100 million of Bitcoin off the open market, and that it held over 20,000 Bitcoin tokens on its balance sheet.

The miner also vowed to retain all of its mined Bitcoin, and that it will also buy more tokens from the open market.

Crypto price today: altcoins rise, more macro signals awaited 

Among broader crypto markets, altcoin prices tracked a recovery in Bitcoin, with traders also awaiting key U.S. inflation data and a Federal Reserve meeting in the coming days. 

World no.2 token rose 2.9% to $3,263.68, seeing its first positive session since the launch of spot exchange-traded funds in U.S. markets this week.

, and rose between 1% and 4.6%, while among meme tokens, added 4.7%.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!