Election Day pump? 4 reasons Bitcoin spiked 2% in 30 minutes
The price of (BTC) rose by 2% in just 30 minutes right as the United States’ stock market rang its opening bell on Nov. 3. During pre-market, the Dow Jones surged by over 350 points as the U.S. election day triggered massive volatility.
The four reasons that likely led to a Bitcoin uptrend in such a short period are the election, a stocks upsurge, negative funding and rising exchange outflows.
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