Harmony (ONE) is experiencing a notable rise of 6.5% to $0.01470 this week, rebounding from a 6.0% decline on Sunday. This correction followed overheated expectations from Donald Trump’s speech at the Bitcoin Conference 2024, where rumors suggested he might announce specific plans for U.S. Bitcoin (BTC) reserves. Although Trump did not provide specific plans, he made significant comments, including a promise to sack Securities and Exchange Commission (SEC) Chief Gary Gensler, which spurred market optimism. As a result, Bitcoin recovered to $69,800 on Monday.
Harmony (ONE) capitalized on this positive market sentiment, breaking through the resistance of its downtrend. This breakout is a strong signal that ONE could recover above $0.01500 and potentially reach the next resistance level at $0.02500.
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