BTC price gains fail to materialize as Donald Trump and others promise to build a giant Bitcoin strategic reserve if elected.
Bitcoin headed for a crunch weekly close on July 28 after markets shook off United States presidential candidates’ crypto pledges.
Data from Cointelegraph Markets Pro and TradingView showed the Bitcoin (BTC) price stabilizing after flash volatility around the Bitcoin 2024 conference.
Anticipation of a snap price surge had built far in advance of the event. Two presidential candidates, Donald Trump and Robert F. Kennedy Jr., both stated plans to build a strategic Bitcoin reserve of at least 200,000 BTC. However, the impact was muted.
