EPISODE · Nov 4, 2024 · 7 MIN
US election to move Bitcoin 10% 'either direction', trader warns 'altcoin reckoning' nearly over
from Rise’n’Crypto · host Сointelegraph
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 finale of altcoin reckoning' near?Further reading:Bitcoin to move 10% ‘either direction’ depending on US election: TraderTrump dump: Crypto liquidations hit $350M as Bitcoin drops below $69KCrypto projects set to unlock $2.6B in tokens in NovemberBitcoin mining bans may lead to ‘unintended consequences’ for environment‘Grand finale of altcoin reckoning’ soon, warns crypto traderRise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.
What this episode covers
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...
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US election to move Bitcoin 10% 'either direction', trader warns 'altcoin reckoning' nearly over
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