Bitcoin Price Watch; US Election Puts Traders on Hold
Not saying that the US election results could impact an independent market like Bitcoin, one can still see digital currency traders mirroring stock market traders’ cautious take. Traders might want to take a break as the race for next presidential election gets tighter with each passing day. The world’s leading markets, namely S&P 500 (-2%), Dow Jones (-1.5%), Nasdaq Composite (-2.8%), have encountered a short burst of volatility, illustrating how speculators are giving too much weightage to pre-poll readings. These are, however, just cautious parameters amid uncertain....
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In this episode of Fed Watch, the hosts discuss what the U.S. Presidential Election means for Bitcoin. The post Video: What Does The U.S. Election Mean For Bitcoin? appeared first on Bitcoin Magazine.
Traders have long been looking towards election day as a potential catalyst for Bitcoin volatility that helps shapes the cryptocurrency’s future trend That day is now here, and BTC is actually seeing some positive price action so far this morning Bulls are in the process of pushing the crypto up towards its $13,800 resistance that has held strong throughout the past few weeks One trader is not expecting this momentum to last for too much […]
Talking about the election with my family and friends, many reflect a complacent and, frankly, spoiled attitude about the manner in which things are done in the U.S. Many either don’t know or don’t care that the national election can be easily manipulated, at least in certain key counties, which hold the capacity to influence states, which further hold the ability to influence elections. This op-ed article will look to expand on the good, the bad, and the ugly of the recent 2016 U.S. presidential election, and how, regardless of who you supported, changes to the working system need to be....
The world is now just one day out from the 2020 U.S. Presidential Election, an event that will undoubtedly have far-reaching implications that impact Bitcoin, altcoins, and the traditional markets for potentially years to come. BTC has been showing immense signs of strength heading into the election, bucking a consolidation phase seen by the stock […]
The results are in, and Americans are shocked by a Donald Trump upset victory over Hillary Clinton in the 2016 presidential election. Bitcoin markets reacted to the victory as well, the price rising as much as $30 to renewed highs of $730. In the midst of all the hype and hoopla, one thing appears to be certain: bitcoin is benefiting from Trump’s victory. The price of everyone’s favorite digital currency spiked an additional three percent yesterday following the former reality star’s win in Washington. At press time, the bitcoin price stands around $717. That’s an increase of eight dollars....