Bitcoin price today: Steady at $58k, Trump crypto project brings little cheer

Bitcoin price today: Steady at $58k, Trump crypto project brings little cheer

Investing.com– Bitcoin’s price rose slightly on Tuesday ahead of the upcoming Federal Reserve meeting where the central bank is widely expected to cut interest rates. 

Crypto prices were little enthused by the release of more details on an upcoming project by Republican presidential candidate Donald Trump, which appears to be a banking or exchange platform. 

climbed 1.4% to $59,399.0 by 08:44 ET (12:44 GMT). The token remained squarely within a $50,000 to $60,000 trading range seen through most of the year.

Trump unveils more details on crypto project 

The team behind World Liberty Financial- an upcoming crypto project backed by the Trump family- unveiled some key details on the project during a launch event on X on Monday evening. 

The project appears to be a crypto banking and exchange platform, and will have its own native token- WLFI- which will be distributed among the founding team…
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