Why Bitcoin Is Showing Strength Ahead of U.S. Election

Article Audio BTC ETH +5 more

Key Takeaways

  • Bitcoin failed to break through to a new all-time high.
  • Bitcoin is showing strength with ETF flows, open interest and dominance all approaching highs.
  • Solana continues to stand up as Ethereum struggles.

Important upcoming macro dates:

  • Nov. 7: U.S. interest-rate decision and Fed Chair Powell’s press conference

00:00 Intro and Market Insights
02:12 Election Impact on Crypto
02:39 Bitcoin Price Trends
04:37 Market Sentiment Analysis
07:21 Bitcoin Dominance Rising
08:17 Altcoin Market Decline
33:13 U.S. Election
33:45 Crypto Legislation Impact
34:16 Future of Crypto Legislation