US election to move Bitcoin 10% 'either direction', trader warns 'altcoin reckoning' nearly over
Description
The weekend didn't offer too many surprises as Bitcoin's price continued the downward trajectory of the end of last week, but we now move into a massive week for crypto. One trader said the US presidential election could send BTC flying 10% in either direction, depending on how the voting goes, with Trump thought to be the bullish outcome. Elsewhere, crypto projects are set to unlock $2.6B worth of tokens this month, Bitcoin mining bans can be a net loss for the environment, and is the 'grand...
The past 24 hours saw Bitcoin come within spitting distance of the $100K milestone, continuing one of the best Novembers on record while attracting short positions that may risk a "violent breakout." But don't be fooled: Bitcoin isn't the only thing worth your attention. United States SEC Chair...
Published 11/22/24
Bitcoin has been highly volatile in the past 24 hours, particularly on the back nine, but very much in crypto's favor as it chases a six-figure price tag. So, to start with, I'll take you through some of the reasons for the momentum, what's going on behind the scenes of the markets and what might...
Published 11/21/24