Analysts Warn! Big Moves May Occur in These Two Popular Altcoins Ahead of the US Elections!

Leading Cryptocurrency Bitcoin (BTC) Surges, Remaining Above $65,000 Amidst Trump's Electoral Chances

Related News: Bitcoin (BTC) Approaches $70,000! Analyst Predicts Continued Rise

Analysts caution of potential volatility for Bitcoin as the US presidential elections draw near.

According to ETC Group analysts, Bitcoin could experience price swings of up to 10% in either direction based on election outcomes. (At $67,600, a 10% increase would surpass Bitcoin's March high of $73,600, while a 10% decrease would bring it to $60,600.)

While Bitcoin's potential fluctuation is estimated at 10%, altcoins Cardano (ADA) and Dogecoin (DOGE) could see 18% and 20% downward or upward movements, respectively.

Analysts anticipate the election's primary impact on DOGE and ADA, advising investors to prepare for substantial price fluctuations.

Additionally, ETC Group analysts predict:

• Ethereum (ETH): 12.5% downside
• Avalanche (AVAX): 5.3% downside
• Solana (SOL): 12.4% downside
• XRP: 9.9% upside

Disclaimer: This information does not constitute investment advice.