My friends, the cryptocurrency market is in total anticipation 4 days before the elections. By the way, economic data reports employment figures below expectations and moderate economic growth. This could result in the FED, which meets next week on November 6 and 7, cutting interest rates.
Friends, it is not clear if that is the measure, but as I said, economic data gives that probability, and if it happens, it would lead to a fall in treasury bonds and to the adoption in risk assets like cryptocurrencies.
Precisely, cryptocurrencies are awaiting a boost for a super bullish cycle. This could be the result of the elections or macroeconomic measures and political decisions.
Binance has announced to us how it views regulation positively, and my brothers, this is happening. For example, we see how governments have adopted cryptocurrencies in their reserves. For instance, in the State of Florida, they revealed that they have 800 million in cryptocurrencies.
Investors are preparing for the elections. One fact is that investors increased their cryptocurrency funds this week. They are basing this on a high possibility that Trump will win the elections and these assets will embark on a super bullish cycle.
Friends, do not forget to diversify your investment and be analysts. Thank you for your support to this content creator.
