3 reasons Bitcoin spot volume reaching new yearly peak is highly optimistic | CryptoSlate

According to the data from Arcane Research, the spot volume of Bitcoin has reached a new yearly high. This figure is particularly optimistic for the short to medium term trend of BTC because it reflects the growth of real and verifiable trading volume.

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History shows presidential elections often mark a turning point for Bitcoin

The presidential elections have long been looked upon as a serious catalyst for economic trends, with potential changes in power often altering the global markets’ course. Many analysts expect Bitcoin’s price also to be influenced by the elections.

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Continued stock market turbulence puts Bitcoin’s stability in jeopardy

The stock market has seen some slight weakness today, despite opening to a strong start. After trading in the green for a few hours, the S&P 500, Nasdaq, and other benchmark indices all turned red. This has created a sense of fear among Bitcoin investors.

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