Dogecoin

Cardano

Donald Trump

Leading cryptocurrency Bitcoin (BTC) is rising and remains above $65,000 as the chances of Donald Trump being elected as the US president increase. 
Related News: <a href="https://en.bitcoinsistemi.com/bitcoin-btc-approaching-70000-will-the-rise-continue-analyst-evaluates/" target="_blank" rel="dofollow">Bitcoin (BTC) Approaching $70,000! Will the Rise Continue? Analyst Evaluates!</a> 
At this point, analysts warned of major volatility for the two altcoins, stating that BTC could experience price fluctuations as the US presidential elections approach. 
Analysts at ETC Group have noted that Bitcoin could move up to 10% in either direction, up or down, depending on the US elections. (Based on the current price of $67,600, a 10% move up would mean Bitcoin breaking its March ATH of $73,600, while a 10% move down would mean the price dropping to $60,600.) 
Analysts said that while they expect only a 10 percent fluctuation in Bitcoin due to the election effect, they expect 18 percent and 20 percent downward or upward movements in the prices of two popular altcoins, Cardano (ADA) and Dogecoin (DOGE). 
At this point, analysts predict that the biggest impact of the election will be on DOGE and ADA, and warn investors against significant price fluctuations. 
ETC Group analysts also announced that they expect a 12.5% downside movement for Ethereum (ETH), a 5.3% downside movement for Avalanche (AVAX), a 12.4% downside movement for Solana (SOL), and a 9.9% upside movement for XRP. 
<img decoding="async" class="alignnone size-full wp-image-156351" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/10/Ekran-goruntusu-2024-10-17-094807.png" alt="" width="804" height="434"> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/analysts-warn-big-moves-may-occur-in-these-two-popular-altcoins-ahead-of-the-us-elections/">Analysts Warn! Big Moves May Occur in These Two Popular Altcoins Ahead of the US Elections!</a>

Analysts Warn! Big Moves May Occur in These Two Popular Altcoins Ahead of the US Elections!

Bitcoin Sistemi EN

Other articles published on Oct 17, 2024

Nigeria’s Trade Lenda makes the semi-finals of the $1m Milken-Motsepe Prize in FinTech

Elizabeth Warren vs John Deaton, MoonPay x Ripple Stablecoin Launch, + Ripple Swell 2024

Coinbase Integrates ZetaChain Mainnet, Supports ZETA Custody

Mercado Libre’s Crypto Rapidly Gains Millions of Users in Few Weeks

BREAKING: Founder Announced – This Binance-Listed Altcoin May Be Integrated into ChatGPT in the F...

Tangible’s Real Estate Crypto Scandal Exposed!

Join our free newsletter for daily crypto updates!