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US election to move Bitcoin 10% 'either direction', trader warns 'altcoin reckoning' nearly over

S1E252 • Nov 4, 2024 • 7m

The weekend didn't offer too many surprises as Bitcoin's price continued the downward trajectory of the end of last week, but we now move into a massive week for crypto. One trader said the US presidential election could send BTC flying 10% in either direction, depending on how the voting goes, with Trump thought to be the bullish outcome. Elsewhere, crypto projects are set to unlock $2.6B worth of tokens this month, Bitcoin mining bans can be a net loss for the environment, and is the 'grand finale of altcoin reckoning' near?

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About the hosts

  • Robert Baggs

    Robert Baggs is a podcast host and producer at Cointelegraph. He is a writer, speaker, and podcaster in the crypto space. He co-founded Token Gamer in 2018 and has worked with various titans of the games industry to further the application of blockchain technology.