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Ari10 Express: Pre-Election Market Trends Analysis

Market Dynamics Ahead of the U.S. Elections

The cryptocurrency market shows renewed momentum ahead of the November 5 elections. Betting platforms currently favor Donald Trump, while polls indicate a tight race between the candidates. Outcomes in the swing states will be decisive. A Trump victory could accelerate market gains, though a Harris win would not necessarily preclude the continuation of the rally.

Source: Cryptonary

Gold Reaches a New All-Time High

Gold has reached USD 2,800, setting a new all-time high. The rally is driven by the asset’s undervaluation and mounting geopolitical concerns. Bitcoin, often referred to as “digital gold,” may follow a similar trajectory.

Source: Kitco News

BlackRock Intensifies Accumulation

BlackRock’s ETF has accumulated BTC valued at USD 30 billion. Investors in this ETF demonstrate the highest purchasing activity among all funds. A similar trend is being observed in the Ethereum ETF

Source: Cointelegraph

Explanation of ETH Sales by the Ethereum Foundation

Vitalik Buterin explained that the Ethereum Foundation is selling ETH to finance experts working on blockchain development. Buterin himself has stated that he is accumulating ETH. According to Scopescan, the Foundation recently sold 4,066 ETH for over USD 11 million.

Source: X

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