Fundstrat's Tom Lee sees year-end rally as election uncertainty fades, while Bernstein predicts Bitcoin's resilience and potential growth to $200,000 by 2025 amid fiscal challenges.

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	Forwarded this email? Subscribe here for more US markets, Bitcoin poised for rally regardless of elections outcome Fundstrat's Tom Lee sees year-end rally as election uncertainty fades, while Bernstein predicts Bitcoin's resilience and potential growth to $200,000 by 2025 amid fiscal challenges. CryptoSlate Nov 5   READ IN APP   Happy Tuesday! As U.S. elections loom, market dynamics are shifting, with Bitcoin set for a potential rally regardless of the outcome. Fundstrat's Tom Lee predicts a year-end surge as uncertainty fades, while Bernstein forecasts Bitcoin's resilience, projecting it could reach $200,000 by 2025 amid fiscal challenges. In a notable development, the Michigan state pension fund has revealed an $11 million investment in Ethereum ETFs, outpacing its $7 million stake in Bitcoin and marking a significant institutional shift. Meanwhile, election-related volatility has led a prominent whale to offload $4 million in bets on Polymarket regarding a Trump victory, following cautionary advice from trader GCR, underscoring the heightened The global crypto market cap is $2.32 trillion, with a 24-hour volume of $90.68 billion. The price of Bitcoin is $69,728.42, and BTC market dominance is 59.4%. The price of Ethereum is $2,448.35, and ETH market dominance is 12.7%. The best-performing sector is Meme, which gained 8%. The Crypto Fear & Greed Index is currently Greed (70). 📰 Top News US markets, Bitcoin poised for rally regardless of elections outcome Fundstrat's Tom Lee sees year-end rally as election uncertainty fades, while Bernstein predicts Bitcoin's resilience and potential growth to $200,000 by 2025 amid fiscal challenges. Michigan state pension fund reports $11 million exposure to Ethereum ETFs Comparatively, the fund has invested $7 million investment in Bitcoin, which was considered a 'big win' for Ethereum ETFs. Whale sheds $4M in Trump win-related bets on Polymarket amid elections uncertainty On-chain data platform Arkham Intelligence highlighted that the selling activity started right after known trader GCR advised caution. DeepLink harnesses blockchain and AI to reinvent cloud gaming DeepLink Protocol revolutionizes cloud gaming with a decentralized, AI-driven platform, enabling seamless, high-quality gaming experiences powered by blockchain and a global network of GPU nodes. #ad 📈Latest Insights Bitcoin open interest drops $2 billion ahead of US elections as investor caution sets in Bitcoin mining difficulty reach all-time high on US election day Bitcoin ETFs see $540 million outflow amid increased US Election volatility Transform DeFi with EverValue's Bitcoin-Backed Token EverValue's Bitcoin-backed EVA token drives DeFi growth, raising 75+ BTC & 120K USDT, with 100+ BTC in its Burn Vault. #ad Invest in Bitcoin-backed EVA Token Today 🗞️ More News VanEck counters skepticism, highlights Solana’s high transaction allure Binance Research warns memecoins risk frenzy over fundamental innovation Crypto volatility stalls as investors await US election outcome – Bitfinex Mt. Gox moves $2 billion in Bitcoin, sparking speculation of additional repayments Bitcoin as a US strategic reserve asset could create ‘monetary stability’ – BPI Your Keys, Your Bitcoin: Bitamp’s Open-Source Wallet for Total Security Take full control of your Bitcoin with Bitamp’s open-source wallet, designed for maximum security and privacy. No third parties, no tracking—just a seamless, private experience with your own keys. #ad Create Bitamp Bitcoin Wallet Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2024 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe