Krutika Adani
For the latter part of July, Bitcoin has been above $66k even after a correction led to a price fall.
The top crypto has recently found a spot on the Las Vegas Sphere, which will further contribute to its immense popularity.
The third impact on Bitcoin’s price comes from the Mt. Gox repayments, which could trigger another selloff as investors get their hands on their Bitcoins 10 years later.
At press time, Bitcoin had gained 4.5% in the last 24 hours and is ready to cross the hurdle at $70k. Once it crosses the resistance, there would be only a single resistance after that at $73k.
Two events that are expected to impact Bitcoin’s prices are the US elections and the US Fed meetings.