🚨 The U.S. VOTES today, and Bitcoin is at its lowest price since September… while Wall Street pulls money out 👀
The market is holding its breath, and here’s what to watch.
🟠 Bitcoin is hovering around 77,000 after touching 76,300 overnight, its lowest level in more than a month. Bitcoin ETFs saw about 399 million flow out at Monday’s close, for the second day in a row, as big money waits to find out who will control Congress and the crypto rules. Options traders are already expecting bigger swings: a floor at 76,000 and a ceiling at 78,000.
🔷 ETH is hovering around 2,270, up about 0.6%. The major Ethereum conference kicked off in Mumbai today: Vitalik called for open systems that anyone can review, and a plan was presented to make privacy the default for wallets. Binance has also published proof that it backs BTC and ETH balances 1-to-1.
🔺 AVAX is hovering around 8.50. A Wall Street asset manager replaced it with another coin in one of its indexes, although it remains in the main one: that’s more a sign of sentiment than of heavy selling. On Sunday the 8th, 1.67 million new AVAX will be unlocked, so there could be selling pressure this week.
Buying before the results, or waiting until tomorrow? 👇
#Bitcoin #ETH #AVAX
The market is holding its breath, and here’s what to watch.
🟠 Bitcoin is hovering around 77,000 after touching 76,300 overnight, its lowest level in more than a month. Bitcoin ETFs saw about 399 million flow out at Monday’s close, for the second day in a row, as big money waits to find out who will control Congress and the crypto rules. Options traders are already expecting bigger swings: a floor at 76,000 and a ceiling at 78,000.
🔷 ETH is hovering around 2,270, up about 0.6%. The major Ethereum conference kicked off in Mumbai today: Vitalik called for open systems that anyone can review, and a plan was presented to make privacy the default for wallets. Binance has also published proof that it backs BTC and ETH balances 1-to-1.
🔺 AVAX is hovering around 8.50. A Wall Street asset manager replaced it with another coin in one of its indexes, although it remains in the main one: that’s more a sign of sentiment than of heavy selling. On Sunday the 8th, 1.67 million new AVAX will be unlocked, so there could be selling pressure this week.
Buying before the results, or waiting until tomorrow? 👇
#Bitcoin #ETH #AVAX
