A recent analysis by ETC Group suggests that Bitcoin could experience a significant price swing of up to 10% following the election. This would mean that the current spot price of just under $68,000 could potentially reach a new all-time high, surpassing March’s peak of $73,697.
According to the team’s findings, the election’s impact is expected to have the most significant effect on Cardano (ADA) and Dogecoin (DOGE), with potential price movements of 18% and 20% respectively.
It will be interesting to see how the market reacts to the election results and whether these predictions come to fruition.
