Bitcoin Responds To Biden Victory With Rollercoaster Intraday Volatility
Bitcoin and cryptocurrencies are known for their notorious volatility, rising by enormous figures only to retrace nearly 90% of the entire rise. Except that usually happens on a grander scale. Since Biden was proclaimed the winner of the US election, however, intraday volatility has skyrocketed. Here’s a look at just how violent things have gotten […]
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In a new note to investors, Goldman Sachs projects “low odds” that the dollar will close the year on a high note, chiefly due to a potential “blue wave” win where Biden sweeps the vote. These poor conditions for the greenback, however, is a best-case scenario for Bitcoin, which could benefit enormously if Democrats take office. How a Democratic Victory & Joe Biden Win Could Positively Impact Bitcoin 2020 is unarguably the most challenging year […]
Bitcoin price is now once again trading around $20,000 and with it has brought about a surge in intraday volatility that the cryptocurrency market has yet to experience. However, according to a volatility measuring tool, this trend is only just beginning and will result in an explosive ride to the next bull market peak. Here’s […]
Tesla and Spacex CEO Elon Musk says he has a “super bad feeling” about the U.S. economy. President Joe Biden responded with a list of major investments by large corporations and wished Musk luck on his trip to the moon.
Elon Musk’s Bad Feeling About the U.S. Economy
Tesla CEO Elon Musk said he has a “super bad feeling” about the U.S. economy in an email to executives seen by Reuters.
The email, titled “pause all hiring worldwide,” was sent two days after Musk told staff to return to the workplace or leave. He also said....
So we've got a fresh day's trading ahead of us in the bitcoin price today, and after the rollercoaster couple of weeks we've experienced as late, its become a bit difficult to form an intraday bias (at least from an overarching momentum perspective). With this said, however, our intraday strategy doesn't necessitate a bias - we can bring our breakout strategy into play and use this take advantage of volatility either side of current action. So, moving forward into today's session, what are the levels that we are keeping an eye on in the bitcoin price today, and where will we look to get in....
Ripple has been planning a ‘Proper Victory Party’ to celebrate its victory over the United States Securities and Exchange Commission (SEC) for a while now and this could affect the XRP price. This was made public in late August when the company announced the September 29 date. Now, with the Ripple victory party just a […]