Bitfinex Alpha: Correlation between Trump's chances of winning and Bitcoin's upward trajectory strengthens
2024-10-28 15:43:54
Odaily News Bitfinex published a research report showing that under the multiple influences of geopolitical uncertainty, macroeconomic factors and the growing narrative of the "Trump deal", BTC volatility has increased, with a sharp intra-week correction of 6.2% last week, followed by a rebound. This correction highlights the growing impact of the upcoming US presidential election on short-term prices, and the correlation between Trump's chances of being elected and Bitcoin's upward trajectory has increased.
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