How to trade wild swings in crypto on election night – DL News
- US election results from seven states could move markets Tuesday night.
- Traders are also watching funding rates and other indicators for clues.
Crypto markets have been swinging in concert with polls ahead of the November 5 US presidential election over the past months.
For crypto, the vote between Donald Trump and Kamala Harris is the end of an unprecedented lobbying effort that has seen the industry plough $132 million to crypto-friendly candidates.
But they’ll have to be patient to see if those efforts paid off. With thousands of elections offices across 50 states and three time zones counting ballots, the outcome of the US election will take hours, if not days, to become clear.
Traders intent on making a profit on the election will…