Before the previous US presidential election in 2020, the cryptocurrency market witnessed a state of volatility with increasing concerns and political uncertainty. Cryptocurrency prices were affected by several factors during the election period,
A day after the US elections ended in 2020, the cryptocurrency market witnessed a significant rise, as demand for Bitcoin and other cryptocurrencies increased.
Artificial Intelligence Predicts Bitcoin's Near Future!
Current Bitcoin Price: The coin has seen a significant increase this year by nearly 55%. There is increasing interest from institutional investors, especially in Bitcoin ETFs.
As of October 24, 2024, the price of Bitcoin is around $67,825. In the last hours, the coin has seen fluctuations, recording a 24-hour high of $67,958 and a low of $65,845.
Future Predictions: Looking ahead to the coming months, there are positive expectations for Bitcoin price growth. The price is expected to exceed $80,000 by the end of October, with expectations to reach between $86,000 and $95,000 in November. In the longer term, Bitcoin is forecasted to reach around $100,000 in the near future, with some estimates suggesting it could reach $200,000 by 2030.
Influencing Factors:
1. Growing Demand: Investments from major institutions and an increasing number of Bitcoin users. 2. Market Trends: Market volatility and economic factors such as inflation and interest rates. 3. Regulatory Notices: New laws and government initiatives can impact the market. $BNB $BTC $SOL
Artificial Intelligence Answers Why Cryptocurrencies Drop Today?
Today, the cryptocurrency market witnessed a significant decline due to several main factors:
1. The strength of the US dollar: The rise in the value of the US dollar negatively affects risky assets such as cryptocurrencies. The increased demand for the US dollar, along with the rise in US Treasury bond yields, prompted investors to avoid risks in the digital market  . 2. Forced liquidation of leveraged positions: Many traders, especially those who held long positions (expecting higher prices), were subjected to forced liquidation due to falling prices. This led to increased selling pressure, which contributed to the continued decline in the market  . 3. Speculation about ETFs: There are great expectations and speculations about the potential approval of spot Bitcoin exchange-traded funds (ETFs). These speculations, whether positive or negative, affect market sentiment and increase volatility .
These factors combined have caused a significant decline in the market today, with expectations of continued correction during the coming period. $PEPE $CATI $NEIRO
• إذا كنت تفضل تجنب التقلبات: الانتظار حتى تظهر نتائج التوقعات والسياسات الخاصة بالعمليات، فقد يكون الخيار الرقمي الأفضل. • إذا كنت مستثمرًا ناجحًا: قد لا يكون متسوق السوق أمرًا رائعًا بدرجة كافية، ويمكن أن يحظى بفرصة مفضلة من استطلاعات الرأي. • إذا كنت مستثمرًا محنكًا: يمكن أن تتبع تحليل التوجهات لاتخاذ السياسة المستنيرة والتوجه نحو السياسة.
بشكل عام، يجب أن تكون مستعدًا لتحمل العديد من الاحتمالات إذا قررت الدخول الآن، أو يمكنك الانتظار لتأثير الانتخابات والسياسات الجديدة.
Should you wait for the US election or invest now?
• If you prefer to avoid volatility: Wait for the results of the forecasts and policies of the operations, digital may be the best option. • If you are a successful investor: Market shopper may not be great enough, and can get a favorable chance from the opinion polls. • If you are a seasoned news investor: You can follow the trend analysis to make informed policy and policy direction.
In general, you should be prepared to assume many possibilities if you decide to enter now, or you can wait for the impact of the election and new policies.
Cryptocurrencies have witnessed a sharp decline today due to several factors combined. The most prominent of which are geopolitical tensions, especially the conflict in the Middle East, which prompted investors to sell high-risk assets, including cryptocurrencies, leading to a significant decline in their value  .
In addition, pressures increased after the German financial authorities announced the sale of large quantities of Bitcoin, in addition to the impact of platforms such as Mt.Gox, which are preparing to pay customers’ dues, which may pump large quantities of Bitcoin into the market .
There are also concerns about a slowdown in demand for digital currencies due to weak demand for Bitcoin funds traded on exchanges, and the continued state of uncertainty about global monetary policy  .
$HMSTR English translation below👇🏻 الذكاء الاصطناعي يجيب عن مستقبل هامستر كومبات
مستقبل عملة “هامستر كومبات” (HMSTR) الرقمية يرتبط بتوسع نظام الألعاب الخاص بها وبالتطورات في سوق العملات الرقمية بشكل عام. تخطط العملة لإدخال ميزات جديدة مثل دمج الرموز غير القابلة للاستبدال (NFTs) في الألعاب وإطلاق شبكة إعلانات خاصة بحلول نهاية 2024، مع استخدام العائدات في شراء العملات من السوق وحرقها لتقليل العرض وزيادة القيمة المحتملة .
بالنسبة للتوقعات السعرية، من المتوقع أن تصل العملة إلى حوالي 0.03 دولار بحلول نهاية 2024، مع توقعات بزيادة القيمة في 2025 لتصل إلى حوالي 0.067 دولار بفضل اعتماد أكبر وتطورات مستمرة في نظامها
The future of the Hamster Combat (HMSTR) cryptocurrency appears to be shaped by both its growing gaming ecosystem and the broader market dynamics in the Web3 space. The project has laid out a detailed roadmap for 2024 and beyond, with plans to integrate NFTs into its games, launch new titles, and even create a competitive clan championship. By the end of 2024, they plan to launch an advertising network, with revenue directed towards token buybacks and burns to reduce supply and potentially boost value.
In terms of price, predictions for 2024 suggest HMSTR could reach around $0.03, with further growth expected in 2025, possibly hitting $0.067 due to increased adoption and developments $HMSTR  .
If you have purchased Hamster Kombat (HMSTR), the decision to hold or sell depends on several factors that you should consider:
1. Market performance of the coin: Monitor the market performance of HMSTR. If the value is trending upward and there is increasing interest in the game, it may be better to hold it for a longer period. However, if you are seeing a continuous decline in value or a decrease in trading volume, it may be wise to consider selling. 2. Your investment strategy: Consider your investment goals. If you are looking to make quick profits and have experienced an increase in value, selling may be a good option. However, if you are a long-term investor and see future growth potential, you may prefer to hold it. 3. General market analysis: Follow market news and opinions about HMSTR. Events related to the game or the technology that supports it may affect the value of the coin. For example, if new updates or strategic partnerships are announced, these things can boost the value of the coin. 4. Coin Distribution: Remember that a large portion of the coin is allocated to airdrop campaigns, which may lead to selling pressure when players receive their rewards. This point may negatively affect the price in the short term. $HMSTR