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  • Yahoo Finance Video

    Bitcoin rises above $63,000 on Monday: Crypto Check

    Bitcoin (BTC-USD) has been trading higher leading up to and following the assassination attempt on former President Donald Trump. The cryptocurrency rose above $63,000 in Monday's session, now hovering below $64,000. Jared Blikre reports more on the price move and the broader state of the crypto market. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl

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    Coinbase jumps: 'A lot more upside' ahead, analyst says

    Bitcoin (BTC-USD) jumped above $62,000 after the assassination attempt on former President Donald Trump, with crypto-adjacent stock Coinbase (COIN) also rising about 5% in response. Citizens JMP Managing Director & Director of Financial Technology Research Devin Ryan joins Morning Brief to give insight into this movement in crypto and let investors know what to keep in mind. Ryan says he thinks "there's a lot more upside" ahead, adding "It's really kind of 'what's your time horizon?' We're still in the early innings of this entire space. And so, firms like Coinbase, in our opinion, they're going to benefit from the exchange function, trading of various cryptocurrencies. But really, the adjacent businesses where they are building the infrastructure for being a player in remittance and payments and Web3. They have their own blockchain called Base." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino

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    Trump arrives for RNC following assassination attempt

    Over the weekend, an assassination attempt was carried out against former President Donald Trump during a rally in Butler, Pennsylvania. In response, President Biden made comments asking Americans to "lower the temperature" in the realm of politics. Trump posted on Truth Social that the attempt will not stop him from attending the Republican National Convention in Milwaukee. Shares of Trump Media & Technology (DJT) — the parent company of Truth Social — have jumped over 52% in premarket trading. US stock futures (YM=F, ES=F, NQ=F) are on the rise ahead of more corporate earnings, as well as the price of bitcoin (BTC-USD), which has rallied in a short turnaround, now hovering just under $63,000. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino