Nov 5, 2024
Nov 5, 2024
Bitcoin surged above $69K, reflecting heightened market interest amid U.S. election volatility.
Tensions from the U.S. election drive Bitcoin’s volatility, peaking at levels unseen since late July.
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Deribit’s Bitcoin volatility index rose to 63.24%, marking the highest point since July.
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BTC’s price movement closely tracks Trump’s fluctuating election odds, impacting market sentiment.
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Bitcoin's volatility will likely persist, influenced by the Fed meeting and U.S. election results.
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