Here’s how Bitcoin’s 3-month-high volatility fueled crypto liquidations
- Bitcoin’s volatility hit a 3-month high on the charts
- Buying pressure on the coin increased, hinting at a price hike soon
As Election Day in the United States draws closer, several sectors have responded differently. And, crypto wasn’t insulated from it all either.
In fact, owing to the same, Bitcoin’s [BTC] price volatility hit a 3-month high. Hence, the question – Will this have a broader impact on the crypto market?
U.S elections affecting crypto?
The crypto market’s volatility started to rise ahead of the U.S election result date. AMBCrypto found that the overall crypto market’s volatility shot up and hit 66.7, at the time of writing. As expected, Bitcoin led this changing trend, with BTC’s volatility…
