Analysis: If the US election is too suspenseful, the volatility of the crypto market will also rise
FalconX research director David Lawant pointed out that if the US election is too close to call, the volatility of the cryptocurrency market will also increase. Lawant stated that the cryptocurrency market has been "directionless" since April, and once the US election is over, traders will breathe a sigh of relief as this will clear the way for the market. Lawant emphasized that regardless of which party wins the US election on November 5th, investors hope for a "positive outcome". (Cointelegraph)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Justin Sun Helped Block $26,4 Million in Criminals' Stablecoins
Millions in XYZVerse - The Next Meme Coin Sensation?
Pump.Fun Sued for Securities Violations
Memecoin factory Pump.Fun is in hot water again, facing a fresh class action lawsuit alleging securities violations.
Cardano founder Wants US Budget on Blockchain
Cardano founder Charles Hoskinson has floated a bold idea