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Bitcoin Weekly Outlook: All Eyes on US Election, Stimulus, Tech Earnings

by CBDC Insider
October 26, 2020
in Business
Reading Time: 1min read
0
Bitcoin Weekly Outlook: All Eyes on US Election, Stimulus, Tech Earnings
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Bitcoin market sentiment fared an extremely bullish setting last week as traders/investors assessed the foray of big firms into the digital currency sector, including PayPal.

The BTC/USD exchange rate began the 7-day timeframe with a decent jump – and it spent the rest of the time trading upward. That was despite the uncertainty surrounding the next US fiscal stimulus and the presidential election on November 3. Bitcoin remained the best-performing safe-haven asset after closing the week about 13 percent higher.

Read more: https://cryptonewspipe.com/2020/10/26/bitcoin-weekly-outlook-all-eyes-on-us-election-stimulus-tech-earnings/

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