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Analysis: If the US election is too suspenseful, the volatility of the crypto market will also rise

Analysis: If the US election is too suspenseful, the volatility of the crypto market will also rise

CointimeCointime2024/11/02 08:00
By:Cointime

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)

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