Bitcoin Pulls Under $68K as Crypto Markets Falter Ahead of Election
At least according to betting markets, the U.S. presidential election has moved to nearly a 50/50 race versus an easy Trump victory just days ago.
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At least according to betting markets, the U.S. presidential election has moved to nearly a 50/50 race versus an easy Trump victory just days ago.
Bitcoin (BTC) has opened November surpassing the $70,000 psychological resistance after holding a few days above this level. As this … Continue reading
The post Bitcoin price prediction for November, according to BTC historical returns appeared first on Finbold.
Prices had rallied early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.
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The network’s monthly average hashrate surged to a record high, the report said.
The October employment numbers are among the last pieces of economic data the Fed will see prior to its policy setting meeting next week.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The broker raised its price target for the software company to $300 from $173 while maintaining its buy rating.
Over $2 billion worth of bitcoin was sent to exchanges at a loss on Thursday, the most since August’s yen carry trade unwind, as bitcoin fell below $70,000.
A tracker for market sentiment reached “extreme greed” levels on Thursday, which has historically preceded market corrections.