US election to move Bitcoin 10% 'either direction', trader warns 'altcoin reckoning' nearly over
Episode description
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?
Further reading:
- Bitcoin to move 10% ‘either direction’ depending on US election: Trader
- Trump dump: Crypto liquidations hit $350M as Bitcoin drops below $69K
- Crypto projects set to unlock $2.6B in tokens in November
- Bitcoin mining bans may lead to ‘unintended consequences’ for environment
- ‘Grand finale of altcoin reckoning’ soon, warns crypto trader
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