Asia Colour - 15 Oct 24
1/ #BTC has surged another 2.4%, hitting 66.5k before settling around 65k, driven by spot demand and election optimism.
2/ Factors like Trump’s lead in polls, Kamala Harris’s pro-crypto stance, and shifting capital from Chinese equities are fueling this rally.
3/ With $555M in #Bitcoin ETF inflows - the largest inflow since June - and lower risk premiums ahead, is crypto positioned for a breakout as we approach the U.S. elections?
4/ Read up on what the market could look like here:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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