Bitcoin
News Explorer — Bitcoin Price Surges Over $64,000 as MicroStrategy, Coinbase Shares Soar
July 16, 12:46 p.m.
Decipher
Bitcoin Price Surges Over $64,000 as MicroStrategy and Coinbase Shares Soar
Bitcoin has surged above $64,000, its highest level in nearly a month, driven by factors including rate cuts from the U.S. Federal Reserve and the evolving political landscape in Washington. The surge in Bitcoin’s price has also led to a surge in the share prices of major stocks associated with the asset. However, upcoming U.S. retail sales figures and the election outcome could impact market sentiment.