Rongchai Wang
Oct 29, 2024 11:10
Bitcoin is experiencing volatility due to geopolitical tensions, macroeconomic factors, and the upcoming U.S. election. Market participants are preparing for potential price swings.
Bitcoin (BTC) is currently navigating through a period of significant volatility, driven by a combination of geopolitical tensions, macroeconomic factors, and increasing speculation surrounding the upcoming U.S. presidential election. According to Bitfinex Alpha, last week saw Bitcoin undergoing a sharp 6.2% adjustment before a subsequent recovery, highlighting the growing impact of the U.S. electoral…