BRC-20 Market Pumps Double Digits in Anticipation of Donald Trump's Bitcoin Conference Speech

Bitcoin is up 4.90% over the last 24 hours, growing to $67,270.95 per token, which has led to the BRC-20 market pumping double digits.

Bitcoin rose 4.90% over the last 24 hours, growing to $67,270.95 per token, which led to the BRC-20 market pumping double digits.

The overall BRC-20 market is up 10.86% to a valuation of $1,733,522,558 with a daily trading volume of $583,139,474 up 6.68% in the last 24 hours.

SATS, ORDI, and STACKS all site among the top crypto gainers’ leaderboard on Friday.

Top BRC-20 Tokens Pump Double Digits

The top BRC-20 cryptocurrency- Ordi (ORDI) is up 10.11% over the last 24 hours to $38.26 per token. Surprisingly, the daily trading volume is down 2.39% to $165,488,145 showing investor interest spreading to other tokens in the space.

Ordi has had a very stable month, moving up just 0.22%, however, with it being up 5.82% in the last week, it’s possible the token is preparing for a huge move. Technical analyst HMZ Charts predicted Ordi's latest move on X (Twitter,) however, they remain uncertain on the coin’s future movements.

$ORDI

What a total shitshow https://t.co/efoBUDdbR4 pic.twitter.com/bRHZGc9jzo

— Hmz (@HmzCharts) July 26, 2024

The 2nd biggest BRC-20 token SATS (1000SATS) is experiencing a similar level of growth, up 11.63% to $0.0003225. Its daily trading volume has also grown by 13.55% to $203,811,275 showing renewed investor interest. This is a continuation of the coin’s growth trend, having grown 19.49% in the last week, and a total monthly growth of 88.15%.

X (Twitter) influencer CryptoJobs3 with over 33,000 followers recently shared a detailed analysis of the token. With the token going above their bound of $0.000031500, they’re predicting we might see yet another rally.

$SATS Bullish breakout daily possible ?

In my last chart, I see a possible Cup and handle formation?

The weekly view is also open for more pump! (correction phase)?

Regarding the current price i’m expecting a pull back & retest of the yellow support zone! ??

I don’t… pic.twitter.com/1yw3xH7kkz

— ? Crypto_Jobs?‍♂️ TA & FA ? (@CryptoJobs3) July 26, 2024

What Is Causing The BRC-20 Rally?

The biggest factor contributing to the BRC-20 rally is the anticipation of Donald Trump’s speech at the Bitcoin conference in Nashville tomorrow. Depending on how the speech goes, as well as the conference’s overall performance we might see the BRC-20 rally continue.

The former US president and presidential candidate has taken an extremely pro-crypto stance, stating he will make the United States the global leader in crypto if elected. Experts like the founder of 10x research Markus Thielen expect Trump to win the 2024 election causing a massive rally.

The price of Bitcoin nearly always grows with large events regarding the presidential candidate, pumping recently with his assassination attempt predicted to increase his odds of winning the election. This, in turn, leads to large movements across the BRC-20 space.

There are also rumors that Trump may make Bitcoin a strategic reserve asset if elected. This could lead to a parabolic move in the value of BTC and BRC-20 tokens.

Amidst this anticipation, investors are looking at a new BRC-20 project still in the presale stage that could be poised for massive returns.

Is This the Next Big BRC-20 Token? 99Bitcoins Token Raises Over $2.5 Million With Learn-To-Earn Model

The 99Bitcoins token (99BTC) is an innovative BRC-20 project in its penultimate presale stage. The project has already raised over $2.5 million in its presale stages selling for $0.00115 per token.

99Bitcoins is one of the biggest names in the crypto education space. They own one of the biggest crypto

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