All eyes are on elections in the U.S. as the crypto market trades sideways

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 78%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Bitcoin BTC Bitcoin crypto All eyes are on elections in the U.S. as the crypto market trades sideways

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

Data from TradingView shows that Bitcoin bulls had to recover from an early morning onslaught by bears that dropped the top crypto to a daily low of $20,590 before staging a recovery back above support at $20,700, where the battle for control is now taking place.

As far as what to expect around the midterms, the CIO noted that “Historically, risk markets have been virtually flat until after midterms where there's been a rally. While this year is obviously more of the exception than the rule, we wouldn't be surprised to see something similar.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 13. in FR

France Dernières Nouvelles, France Actualités