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#Can BTC flip 64K resistance into support and continue up?
Following the interest rate cut by the US Federal Reserve, there was also an increase in cryptocurrency. Bitcoin, the cryptocurrency with the highest market value, exceeded $63,000. Now, attention in the cryptocurrency market is turning to the US elections in November.
We know that presidential candidate Donald Trump has a positive view of cryptocurrencies. We have seen him make some of his payments through cryptocurrency. He also portrays an image of preferring more monetary expansion. On the other hand, the candidate Kamala Harris does not have such a dominant positive outlook. Therefore, Trump's victory in the election will have a more positive impact on the cryptocurrency market.