Bitcoin price today: rises to $59k with inflation, economic cues on tap

Bitcoin price today: rises to $59k with inflation, economic cues on tap

Investing.com– Bitcoin price slipped slightly on Tuesday, continuing its underwhelming performance as risk sentiment remains limited ahead of a slew of key U.S. economic indicators this week. 

Sentiment towards crypto markets was also undermined by a discussion between Republican presidential candidate Donald Trump and Tesla (NASDAQ🙂 CEO Elon Musk on X, where the topic of crypto regulations was not brought up even once. 

fell 1.6% to $58,910.2 by 08:17 ET (12:17 GMT).

Musk-Trump talk makes no mention of crypto

The talk between Musk and Trump underwhelmed some market participants who were hoping that the Republican nominee would reiterate his support for crypto.

But while Trump has expressed support for the crypto industry- going as far as speaking at the Bitcoin conference last month- he has rarely mentioned crypto or Bitcoin when speaking at more mainstream events.

His talk…
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