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Get ready for US elections: 5 things to watch in Bitcoin this week

Published 11/02/2020, 04:00 AM
Updated 11/02/2020, 05:40 AM
Get ready for US elections: 5 things to watch in Bitcoin this week

Bitcoin (BTC) starts a new week and month just dollars away from its highest monthly close in history — what’s in store next?

Cointelegraph takes a look at five price factors which may influence BTC/USD as the U.S. goes to the polls and coronavirus sparks new Europe-wide lockdowns.

U.S. dollar currency index 2-month chart. Source: TradingView
Bitcoin futures annotated chart showing recent gaps. Source: Zack Voell/ Twitter
Bitcoin 7-day average hash rate 2-month chart. Source: Blockchain

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