Bitcoin (BTC) trades in the red for the third consecutive day on Wednesday after facing rejection at the $70,000 level on Monday.
Bitcoin price today: $66,700 Bitcoin continues to trade down for the third consecutive day following rejection from the $70,000 mark. In an interview with CNBC, billionaire hedge fund manager Paul Tudor is bullish on Gold and Bitcoin . Reports highlight how the upcoming US elections can affect the overall crypto markets. Bitcoin trades in the red for the third consecutive day on Wednesday after facing rejection at the $70,000 level on Monday.
Billionaire Paul Tudor Jones says I'm long gold, I'm long #Bitcoin. pic.twitter.com/5xn9vCYWNI — Watcher.Guru October 22, 2024 QCP Capital’s report on Tuesday highlights how the upcoming US elections can affect the crypto market. “The election creates a zero-sum scenario for equities, with sector winners dependent on the outcome. In contrast, both candidates are more crypto-friendly than the previous administration, so any weakness in equities may prompt capital to reallocate to crypto.
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