BTC Remains Steady as U.S. Election Approaches
The latest price movements in the crypto markets as we near November 4, 2024.
Latest Prices
- Bitcoin (BTC): $68,897.73 (+0.86%)
- Ether (ETH): $2,473.42 (+0.81%)
- S&P 500: 5,728.80 (+0.41%)
- Gold: $2,742.19 (+0.38%)
- Nikkei 225: 38,053.67 (-2.63%)
Key Highlights
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Bitcoin and other major cryptocurrencies remained largely unchanged on the eve of the U.S. presidential election. The price of BTC hovered close to $69,000, reflecting minor gains.
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The perceived likelihood of Kamala Harris winning has increased on the Polymarket platform, where shares for her candidacy rose to 43 cents, while Donald Trump fell to 57 cents.
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The Monetary Authority of Singapore plans new initiatives to promote tokenization in financial services, aiming for deeper liquidity and the development of a robust ecosystem for tokenized assets.
Chart of the Day
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Chart
- The chart depicts U.S. 10-year note yields versus the three-month bill, showing historical trends that could suggest future risks for stocks and other assets. An acceleration in money supply could signal bullish prospects for Bitcoin amidst these shifts.
Source: CoinDesk
