2962860616#BNB#BTC

Bitcoin reached a high of $67,395 this morning, hitting a one-month high, and Ethereum also climbed $3,540.

After the assassination attempt on former US President Trump over the weekend, his chances of winning the November election exceeded 60%, and he announced that he would insist on the 2024 Bitcoin Conference (Bitcoin 2024). Industry insiders revealed that he would announce Bitcoin as a strategic reserve asset for the United States at the conference. China is rumored to unblock Bitcoin in the fourth quarter, and Biden seems to have decided to withdraw from the campaign, laying the foundation for a bigger wave of Bitcoin.

"China will lift the ban on Bitcoin in the fourth quarter of 2024" is rumored on the Internet

BitcoinLFG posted on Twitter that China may lift the ban on Bitcoin in the fourth quarter of 2024.



CoinRadar reported at the beginning of the week that recent reports indicate that China may lift the ban on Bitcoin in the fourth quarter of 2024. This potential policy shift marks a major change in the country's attitude towards cryptocurrencies, which have been strictly regulated and restricted in recent years.

Mike Novogratz, an American billionaire investor and CEO of Galaxy Digital, noted that he had heard some reports that China "will likely lift the ban" on Bitcoin by the end of 2024. "If this is true, and this is the second time I've heard this in a few weeks, this would be a big deal," he wrote, calling on the crypto community to provide more insights on the issue.

Analysts have strongly denied the rumors, saying that China is unlikely to allow its citizens to freely trade Bitcoin using the local yuan.

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