The Bitcoin $99,413 price is hovering around the $69,000 mark as this article is prepared. Altcoins are also showing positive momentum. As previously stated, DOGE is targeting $0.15 after holding a key level. What can crypto traders expect in the coming hours and days? What are the significant developments in the cryptocurrency market this week?
Significant Developments in Cryptocurrencies
Due to Bitcoin making higher lows, traders are feeling more motivated as we enter the last quarter of the year. This is encouraging news. On November 5, the U.S. elections will take place, and we will witness a critical turning point. If Trump emerges victorious, the outcomes could be fascinating. As with every week, let’s quickly review the important developments today.
Cryptocurrency Market Outlook
This week, we might observe some intriguing movements in TIA Coin. Particularly in futures trading, traders might seek short-selling opportunities due to nearly $1 billion in sales risk. Meanwhile, Terra appears to be nearing its end. The schedule of events suggests a rapid flow of announcements and news.
Possible surprises in U.S. data could significantly impact prices. The Bitcoin price is around $68,888 as this article is being written. With only a short time left until the November 5 elections, traders are clearly anticipating volatility.