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Election Day Market》BTC surged to 71,000, Ethereum tested $2500, and all 4 major US stock indices soared
BTC once again ushered in a wave of strong rise at around 8 a.m. today (6th), reaching a maximum of $71,458. In the context of the election of U.S. stocks, investors seem to be optimistic about the economic prospects, and the four major indexes have risen across the board. (Summary: U.S. small non-farm payrolls hit a new high in more than a year, U.S. bond yields soared, and the Federal Reserve may suspend interest rate hikes in November? (Background added: US election storm is coming, weak yen is the best safe-haven asset?) BTC after the opening of the US stock market last night, there was a wave of strong rise above $70,000, although then selling pressure emerged, once at three o'clock this morning there was a large price drops, but quickly pulled back, and at about eight o'clock this morning (6), ushered in another wave of strong rise, the highest to $71,458. As for the reason for this pola rise, speculation may have something to do with investors' belief that the outcome of the current vote is favorable for Trump's election. However, due to time zone differences and different state regulations, the voting end time varies from state to state, and it will end at the latest on November 6 at 14 o'clock Taiwan time, and the results may change significantly. Reuters' real-time election website BTCPA As for the Ethereum part, it once broke through $2,500 earlier and then retreated, and the overall trend is still following BTC. In the past 24 hours, the whole network Get Liquidated $214 million In the market of BTC, according to Coinglass data, in the past 24 hours, the Cryptocurrency network Get Liquidated amount exceeded $240 million (shorts accounted for $138 million), and more than 67,000 people were liquidated. At present, BTCFluctuation is significantly amplified, please be cautious investors. Rise on the four major US indexes Although the US election is still full of uncertainties, investors seem to be optimistic about the economic outlook, and the four major indexes have risen across the board. The Dow Jones Industrial Average rose 427.28 points or 1.02% to close at 42221.88. rise 70.07 points or 1.23% on the S&P to close at 5782.76 points Nasdaq rise 259.19 points or 1.43% on 18439.17 points Philadelphia Semiconductor Index up 83.84 points or 1.69% to close at 5057.83 Related Reports With the US presidential election imminent, what "hype targets" can lie in ambush? With the US election storm approaching, a weak yen is the best safe-haven asset? Musk's shouting effect reproduces "DOGE storm rise 17%", more than 40 million people in the United States have voted in advance "Election Day Market" BTC rushed to 71,000, Ethereum knocked on $2,500, and the 4 indexes of U.S. stocks soared high" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".