🔈 29 Days Until U.S. Elections: Bitcoin Price in Focus 📣
With only 29 days left before the U.S. elections, all eyes aren’t just on the political scene but also on Bitcoin ($BTC). Historically, Bitcoin has reacted to major events, and many are anticipating market swings as the election date nears. Investors are watching closely to see how future policies could impact the economy and the crypto market, particularly regarding regulation and inflation. As a result, Bitcoin could face volatility in the lead-up to this election.
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🚨🚨🚨 The schedule of unlocking tokens for October in the amount of > $2 billion.
• October 1 — 64.5 million $SUI for ~$112 million; • October 4 — 27.92 million $IMX for ~$48 million; • October 10 — 23.44 million CHEEL for ~$305 million; • October 12 — 11.31 million $APT for ~$90 million; • October 14 — 12.56 million AXS for ~$66 million; • October 16 — 93.65 million ARB for ~$59 million; • October 31 — 24.16 million OP for ~$45 million; • October 31 — 175.75 million TIA for ~$1 billion.
📊 Bitcoin vs. Gold vs. S&P 500: 14-Year ROI Comparison
Looking at the last 14 years, the performance of Bitcoin, Gold, and the S&P 500 tells a striking story:
Bitcoin has delivered an astronomical return of +107 million% over the 14-year period. This unprecedented growth has firmly positioned BTC as the top-performing asset of the last decade.
Gold, traditionally seen as a stable store of value, has returned +102% over the same time. While it offers steady growth, it pales in comparison to Bitcoin's explosive rise.
The S&P 500, representing the broader US stock market, achieved an impressive +400% return. Although much more conservative than Bitcoin, it still provided significant long-term gains, outperforming gold.
This data highlights the transformative power of Bitcoin as a new asset class, vastly outperforming both traditional safe-havens like gold and diversified stock market indices like the S&P 500.
Digital asset investment products have experienced a third consecutive week of inflows, totaling $1.2 billion. This rise is driven by expectations of continued dovish monetary policy in the U.S.
Bitcoin dominated with $1 billion in inflows.
Ethereum reversed its 5-week outflow trend, with $87 million in inflows, marking the first significant rise since early August.
💰 1% of #Bitcoin’s supply is now locked in DeFi, fueled by increasing demand for Bitcoin yield and the introduction of Coinbase’s new Bitcoin-pegged token, $cbBTC.