Bitcoin Settles Above $67K After Biden Drops Out

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Bitcoin settled above $67,000 following a brief surge above $68,000 on Sunday after President Biden said he would not seek reelection. BTC initially slumped after Biden’s announcement before recovering to over $68,400 and was trading around $67,450 at the time of writing, 0.7% higher than 24 hours ago. The CoinDesk 20 Index (CD20), which measures the broader digital asset market, rose 1.25%. SOL and DOGE led the gains with increases of around 4.3% and 5% respectively.

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