US markets, Bitcoin poised for rally regardless of elections outcome
US markets, Bitcoin poised for rally regardless of elections outcomeFundstrat's Tom Lee sees year-end rally as election uncertainty fades, while Bernstein predicts Bitcoin's resilience and potential growth to $200,000 by 2025 amid fiscal challenges.
Happy Tuesday!As U.S. elections loom, market dynamics are shifting, with Bitcoin set for a potential rally regardless of the outcome. Fundstrat's Tom Lee predicts a year-end surge as uncertainty fades, while Bernstein forecasts Bitcoin's resilience, projecting it could reach $200,000 by 2025 amid fiscal challenges. In a notable development, the Michigan state pension fund has revealed an $11 million investment in Ethereum ETFs, outpacing its $7 million stake in Bitcoin and marking a significant institutional shift. Meanwhile, election-related volatility has led a prominent whale to offload $4 million in bets on Polymarket regarding a Trump victory, following cautionary advice from trader GCR, underscoring the heightened The global crypto market cap is $2.32 trillion, with a 24-hour volume of $90.68 billion. The price of Bitcoin is $69,728.42, and BTC market dominance is 59.4%. The price of Ethereum is $2,448.35, and ETH market dominance is 12.7%. The best-performing sector is Meme, which gained 8%. The Crypto Fear & Greed Index is currently Greed (70). 📰 Top News
US markets, Bitcoin poised for rally regardless of elections outcomeFundstrat's Tom Lee sees year-end rally as election uncertainty fades, while Bernstein predicts Bitcoin's resilience and potential growth to $200,000 by 2025 amid fiscal challenges. Michigan state pension fund reports $11 million exposure to Ethereum ETFsComparatively, the fund has invested $7 million investment in Bitcoin, which was considered a 'big win' for Ethereum ETFs. Whale sheds $4M in Trump win-related bets on Polymarket amid elections uncertaintyOn-chain data platform Arkham Intelligence highlighted that the selling activity started right after known trader GCR advised caution.
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Crypto market saw $230 million in liquidations as Bitcoin fell below $70k
Monday, November 4, 2024
Binance's $104 million leads exchange liquidations as Bitcoin dips. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Polymarket odds suggest US elections will be decided by Pennsylvania
Saturday, November 2, 2024
Polymarket bettors now believe that Harris will win two of the six swing states, which would make Pennsylvania the deciding factor in who wins the elections. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin falls below $70k causing $289 million in total market liquidations
Friday, November 1, 2024
Long positions bear the brunt with $259.21 million liquidated amid Bitcoin's drop. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock’s Bitcoin ETF becomes fastest-growing in history with $30B milestone
Thursday, October 31, 2024
BlackRock's Bitcoin ETF is on course to accumulate 500000 Bitcoin before the end of the year. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin ETFs has Top 10 inflow day with $870 million acquired as Bitcoin closes in on all-time high
Wednesday, October 30, 2024
iShares Bitcoin Trust leads ETF inflows as Bitcoin approaches record high. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Crypto market saw $230 million in liquidations as Bitcoin fell below $70k
Monday, November 4, 2024
Binance's $104 million leads exchange liquidations as Bitcoin dips. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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