$14.1K: Bitcoin Breaks New 2020 High With US Election Still Undecided

$14.1K: Bitcoin Breaks Unique 2020 High With US Election Aloof Undecided

Bitcoin has broken novel 2020 highs as uncertainty stays in the U.S. presidential election.


One-hour chart of bitcoin at round 17: 00 UTC on Nov. 4, 2020.

  • At round noon ET (17: 00 UTC), the sphere’s oldest and most treasured cryptocurrency broke the $14,100 resistance level that had proved complicated to scale for the bulls four days prior on Oct. 31.
  • As of this writing, bitcoin (BTC) used to be changing hands at round $14,166.25 after rebounding from Nov. 2 lows, strategy ragged resistance now confirmed as befriend at round $13,250.
  • Over the previous 24 hours, bitcoin has ranged between $13,545 and $14,223, in accordance with CoinDesk 20 files.
  • The variation in bitcoin’s imprint action in contrast to four years prior to now has been rather diminutive. Bitcoin’s imprint failed to react straight away after the 2016 election, rising a scant 1.8% in the 24-hour trading period. Then but again, it’s fee noting that roughly a one year later, bitcoin climbed to its all-time highs above $19,660.

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