#美国大选如何影响加密产业？
BTC took off, but failed to hit 69,000! Is it ready to go or to lure more?
The altcoins are not satisfactory, and some of them have fallen. What is the reason? ?
Personal opinion, don’t criticize if you don’t like it!
There is no large increase in the currency circle, and the liquidity remains constant. Recently, the big cake has risen well, producing a money-absorbing effect. The market stickiness once exceeded 56%, setting a historical high. Naturally, it will have an impact on other currencies, resulting in a lower-than-expected increase or even a decline.
When Bitcoin enters the sideways stage, some altcoins will have the opportunity to start the market.
According to Coinglass data from 2013 to 2023, Bitcoin (BTC) performance shows that the return rate in the second half of October (16-31) is twice that of the first half (1-15).
November is a month with a greater impact on the cryptocurrency circle.
First, the market's expectation of a 25 basis point interest rate cut at the Federal Reserve's interest rate meeting on November 7 has reached about 93%.
Second, and most importantly, the US election, if Trump wins, it will be beneficial to the entire crypto industry, and the currency price will most likely rise sharply at that time.
Geoffrey Kendrick, head of global digital asset research at Standard Chartered, a British multinational bank, wrote in a report on Tuesday: "As the US election approaches, Trump is the most likely to be elected, and even Harris looks good from a digital asset perspective, the broader digital asset ecosystem is indeed increasingly likely to become mainstream."
"For BTC, this means that Bitcoin is likely to exceed its historical high of $73,000 before the election."
