Bitcoin (BTC) is struggling for direction a day before the United States presidential election, with polls depicting a tight race between Former President Donald Trump and Vice President Kamala Harris.
Here’s what analysts are predicting for Bitcoin as the standoff between Trump and Harris approach.
Bitcoin could hit $80-90K if Trump wins
The Bitcoin...
Fundstrat Global Advisors’ Tom Lee and analysts from Bernstein predict robust markets heading into 2025, regardless of the results of the upcoming US presidential election.
While Lee expects a broader market rally across sectors, Bernstein highlighted Bitcoin’s (BTC) resilience amid political uncertainty.
Tom Lee, managing partner and head of research at...
Shares of former President Donald Trump’s social media company roared higher on the final day before the US presidential election.
Trump Media & Technology Group (DJT), the parent company of Truth Social, surged 12% Monday. There was no apparent catalyst for the increase.
The stock has been highly volatile since it...
Stocks typically rise after a presidential election, but investors need to be prepared for some short-term choppiness first, history shows.
The three major benchmarks on average have seen gains between Election Day and year-end in the presidential election year going back to 1980, according to CNBC data. However, investors should...
Crypto market liquidations almost hit $350 million as Bitcoin briefly dipped below $69,000, with traders seeming jittery in the lead-up to the United States presidential election on Nov. 5.
In all, $349.8 million was liquidated across $259.7...
The S&P 500 (^GSPC 0.41%) soared to new highs in recent weeks as the bull market has barreled into its third year. But not every stock has participated equally in the rally.
Over the past few years,...
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) officially kicked off big tech earnings on Tuesday, and the Google parent had a banner report to share.
Alphabet smashed estimates in the third quarter as overall revenue rose 15% to $88.3...
The price of Bitcoin could swing at least 10% depending on which United States presidential candidate wins the election on Nov. 5, according to a trader, as Bitcoin volatility recently jumped to its highest point in three months.
Bitcoin‘s recent price action has sent ripples through the cryptocurrency market, raising concerns among investors as the leading digital asset undergoes a significant correction. After an impressive rally, the focus now shifts to whether Bitcoin can maintain its upward momentum or will face a critical test at the $65,000...
The American crypto industry had plenty to celebrate this week: Bitcoin came within inches of reaching its all-time high price, crypto ETFs rang in new milestones on Wall Street, and next week’s presidential election appears poised to boost the ecosystem regardless of who wins.
You’d hardly notice, then, that it...
