Donald Trump’s winning odds lead on Polymarket have significantly narrowed, and Bitcoin’s little price dump caused big liquidations.
Bitcoin Price news
Crypto investors should prepare for even more volatility around the US election, with traders and analysts predicting “at least” a 10% move for Bitcoin.
Bitcoin’s volatility is expected to pick up after the US elections, and charts suggest that ETH, DOGE, LTC and XMR could be the first to follow.
Bitcoin sets up a volatile US election week with increasingly deep BTC price support retests below $70,000.
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish.
Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls.
The M2 money supply is an economic measure of the total amount of a sovereign nation’s fiat currency currently circulating worldwide.
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.
Bitcoin basks in nonfarm payrolls data misses with BTC price action canceling its trip below $69,000.
Bitcoin traders are reducing their risk exposure as Donald Trump’s winning odds slide for the upcoming US election.