Will Bitcoin Price Break $71K Amid US Election 2024 Turbulence?

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He notes that Bitcoin prices tend to rise substantially when this rate falls.

According to Peterson, the ICE BofA US High Yield Index Effective Yield is particularly indicative of Bitcoin’s price movements.

The post Will Bitcoin Price Break $71K Amid US Election 2024 Turbulence?

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Price Analysis News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 08:01:56 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 426 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 21649111

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 21 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

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