Bitcoin Set for $6K-$8K Seesaw as U.S. Elections Enters Final Stretch: Analyst
While volatility is price-agnostic, recent flows in the options market suggest bullish expectations.
Markets
Harris and Trump Bets Near Even Odds Ahead of U.S. Election Day as ‘Voter Fraud’ Rumors Swirl
The most popular Polymarket bet has seen a flurry in trades ahead of Election Day, contributing to a surge of Harris’ winning shares on the betting platform.
Bitcoin Volatility Jumps to 3-Month High Ahead of U.S. Election
Investors in crypto and traditional markets bet that impending U.S. presidential election will breed price volatility.
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.
Crypto Reverses Early Gains, Bitcoin Dives Back to $69K
Prices had rallied early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.
Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan
The network’s monthly average hashrate surged to a record high, the report said.
U.S. Added Just 12K Jobs in October, Far Short of 113K Expected
The October employment numbers are among the last pieces of economic data the Fed will see prior to its policy setting meeting next week.
First Mover Americas: Bitcoin Pares Losses Following Thursday’s Slump
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.
MicroStrategy Remains One of the Best Ways to Gain Exposure to Bitcoin Given Its Intelligent Leverage Strategy: Canaccord
The broker raised its price target for the software company to $300 from $173 while maintaining its buy rating.
Bitcoin’s Drop on Thursday Spurred Panic Sales Among Short-Term Holders: Van Straten
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.