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Analyzing Bitcoin's Uptober and Predictions for a Post-Election Surge
Analyzing Bitcoin's Uptober and Predictions for a Post-Election Surge

As the 2024 United States presidential election approaches, Bitcoin is once again in the spotlight. Bitcoin has demonstrated amazing resilience in the lead-up to this pivotal moment. Many analysts and investors are speculating about Bitcoin’s price movements, hoping for a significant rise following

Bitget Academy·2024/11/04 09:55
Flash
  • 21:32
    All three major U.S. stock indexes closed higher.
    According to Jinse Finance, all three major U.S. stock indexes closed higher. The Dow Jones Index rose by 0.44%, the S&P 500 Index increased by 1.55%, and the Nasdaq Composite Index surged by 2.69%. Major technology stocks collectively rose, with Tesla and Google both gaining over 6%. Chip stocks strengthened, with Broadcom's share price rising by 11%, marking its largest increase since April and adding 178 billion USD to its market capitalization.
  • 20:38
    Data: TNSR rises over 16%, several tokens rebound after bottoming out
    According to ChainCatcher, spot data from a certain exchange shows a rebound in the market's long positions. TNSR has surged 16.31% in the past 24 hours, while DCR, GTC, and SNX have also risen by 6.38%, 8.16%, and 7.98% respectively, all showing a recovery after bottoming out. On the other hand, MINA, ILV, FLUX, and MAV have all experienced a "rise and fall" pattern, with 24-hour declines of 5.23%, 9.81%, 6.81%, and 9.14% respectively.
  • 20:17
    Federal Reserve official Daly supports a rate cut in December
    Jinse Finance reported that Federal Reserve official Daly supports a rate cut in December. Daly believes that the Federal Reserve can bring the inflation rate down to the 2% target, while the possibility of a sudden deterioration in the job market is greater.
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