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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Standard Chartered Bank said BTC may return to its historical high before the US election.
PANews reported on October 15th that, according to Geoff Kendrick, the head of digital asset research at Standard Chartered, BTC is showing a strong pump momentum, possibly approaching its historical high of $73,800 before the U.S. election. Factors driving the BTC pump include the steepening of the U.S. Treasury yield curve, inflows into Spot BTC ETF, and the rise in the probability of Trump's victory. Currently, the data shows that Trump's chances of winning are 56.3%, and the probability of a comprehensive Republican victory is 39%, which may create favorable conditions for risk assets including BTC. In addition, the number of outstanding contracts for call options at $80,000 in the BTC options market has recently increased, indicating institutional investors' optimism about the medium-term pump potential of BTC.