“The upward convexity from Trump’s victory is worth lasting and we are seeing market participants building positions towards it. If the crisis does not escalate, BTCUSD could reach 70,000 in the coming weeks and reach the current We expect the downside support to continue, with the stock moving higher,” Jonathan de Wet, chief investment officer at cryptocurrency liquidity provider ZeroCap, said in an email.
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As the US election approaches, the inverse relationship between Bitcoin and the dollar index becomes an issue
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