In a charged speech before 3,000 supporters in Wisconsin, U.S. Vice President Kamala Harris launched her 2024 presidential campaign, sharply criticizing Donald Trump. Harris, drawing on her background as California’s attorney general, likened Trump to the fraudsters she prosecuted, proclaiming, “I know Donald Trump’s type.” Her campaign gained significant momentum, raising $100 million in just 36 hours following President Joe Biden’s endorsement.
Harris emphasized key issues such as gun control, abortion access, and healthcare, contrasting her vision of “freedom, compassion, and the rule of law” with Trump’s “chaos, fear, and hate.” In response, Trump criticized Harris’s record on immigration and crime, labeling her “radical left” and expressed willingness to debate her in September.
Meanwhile, Bitcoin (BTC/USD) trades at $66,440, up 0.72%. The market is experiencing volatility due to significant Bitcoin transfers by the defunct crypto exchange Mt. Gox. Despite concerns over potential price drops, analysts believe the impact will be limited, with strong ETF inflows indicating robust investor confidence.
The iShares Bitcoin Trust ETF, managed by BlackRock, has seen inflows surpassing $19 billion in 2024, outpacing major tech stocks. This surge in investments, even amid Bitcoin’s recent 2% decline, suggests that demand remains strong, potentially stabilizing prices.
As Bitcoin trades near $66,440, key technical levels suggest that breaking the $66,600 resistance could propel prices toward $68,300, reinforcing a bullish trend. The market remains poised, with investor sentiment and political developments intertwining to shape the financial landscape.
