Republican

Bitcoin

Strong

Narrative

Gains

<ul class="wp-block-list">
 <li>Bitfinex sees election as a catalyst for Bitcoin volatility, with prices potentially reaching new highs.</li>  
 <li>Record-breaking Bitcoin options activity suggests traders are bracing for intense price swings by November.</li>  
 <li>Institutional moves, like Microsoft's Bitcoin proposal, could bolster asset legitimacy amid election impacts.</li> 
</ul>  
<p>The latest <a href="https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-volatility-incoming/" target="_blank" rel="noopener noreferrer nofollow">report</a> by Bitfinex indicates that Bitcoin may face turbulent weeks ahead. Several factors point to heightened volatility, with the upcoming US presidential election as the major reason.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/MeowdiniCoin/status/1851164865060098418
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</figure>  
<h2 class="wp-block-heading" id="h-bitcoin-options-market-sees-increased-activity"><strong>Bitcoin Options Market Sees Increased Activity</strong></h2>  
<p>Options activity for Bitcoin has surged as the election draws closer. Premiums and implied volatility are expected to peak around November 8. Analysts project volatility levels could reach 100% on election day. This rise suggests that significant price swings are likely.</p>  
<p>Open interest in <a href="https://www.bloomberg.com/news/articles/2024-10-22/bitcoin-options-traders-eye-80-000-no-matter-who-wins-us-presidential-election" target="_blank" rel="noopener noreferrer nofollow">Bitcoin options</a> has reached record-breaking levels. The $80,000 strike price expiring on December 27 has seen substantial interest. Investors appear to position themselves for a possible price surge by year-end.</p>  
<h2 class="wp-block-heading" id="h-historical-patterns-point-to-strong-q4-performance"><strong>Historical Patterns Point to Strong Q4 Performance</strong></h2>  
<p>Bitcoin’s history suggests a <a href="https://cryptonewsland.com/bitcoin-leads-q4-2024-asset-performance-defies/" target="_blank" rel="noopener noreferrer nofollow">strong performance</a> in the fourth quarter, especially in halving years. In these years, Bitcoin has shown a median Q4 return of 31.34%. This trend adds hope for a rally despite recent corrections.</p>  
<p>Despite a 6.2% drop last week, Bitcoin has maintained resilience. It holds a 30% gain since a September low of $52,756. Analysts view this momentum as a signal of potential gains in the coming months.</p>  
<h2 class="wp-block-heading" id="h-institutional-interest-in-bitcoin-gains-ground"><strong>Institutional Interest in Bitcoin Gains Ground</strong></h2>  
<p>Institutions are showing increased interest in Bitcoin. Emory University recently <a href="https://www.sec.gov/Archives/edgar/data/1377635/000137763524000025/xslForm13F_X02/usethisfile13F.xml" target="_blank" rel="noopener noreferrer nofollow">disclosed</a> investments in Grayscale’s Bitcoin Mini Trust and Coinbase shares. This investment marks a step toward broader institutional acceptance of digital assets.</p>  
<p>Microsoft will soon consider a proposal to explore Bitcoin as a treasury asset. If approved, even a small allocation from Microsoft’s $76 billion cash reserve could boost Bitcoin’s legitimacy. Such moves suggest a shift toward greater institutional adoption.</p>  
<h2 class="wp-block-heading" id="h-trump-trade-narrative-adds-market-uncertainty"><strong>Trump Trade Narrative Adds Market Uncertainty</strong></h2>  
<p>The Trump trade narrative adds to market uncertainty. A Republican win could positively impact Bitcoin and other risk assets, according to some analysts. With election day approaching, the market may experience whipsaw action as this narrative unfolds.</p>  
<p>As November approaches, analysts expect intensified volatility for Bitcoin. Investors may need to brace for a dynamic Q4 driven by election results and Bitcoin’s historical seasonality trends.</p> 
<p>The post <a href="https://cryptonewsland.com/bitfinex-report-warns-of-election-driven-bitcoin-volatility/" rel="noopener noreferrer nofollow">Bitfinex Report Warns of Election-Driven Bitcoin Volatility Amid Record Options Activity</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Bitfinex Report Warns of Election-Driven Bitcoin Volatility Amid Record Options Activity

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