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Rise’n’Crypto

US election to move Bitcoin 10% 'either direction', trader warns 'altcoin reckoning' nearly over

Nov 4, 2024
07:27

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?

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