Crypto News

Bitcoin's Pre-Election Performance CryptoQuant's report analyzes Bitcoin's price action before the 2016 and 2020 US presidential elections. In both instances, the crypto's price saw a significant surge in the months leading up to the election, followed by a correction in the weeks following the election results. Impact of US Elections on Bitcoin The report suggests that the uncertainty and volatility surrounding the US presidential elections could be a major factor in Bitcoin's price movements. As investors seek safe-haven assets during times of political and economic uncertainty, Bitcoin's limited supply and decentralized nature make it an attractive option for hedging against market volatility. Potential Post-Election Catalysts CryptoQuant's report also highlights potential post-election catalysts that could drive Bitcoin's price even higher. These include further stimulus measures from central banks, the possibility of ...