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#BTC is fluctuating around $67,000. What’s next?##BTC在$67,000震荡，后续行情怎么走？#The rise of BTC is accompanied by the changes in the prediction market, which allows people to bet on the election results. On the Polymarket platform, Trump's chances of winning have surged to 58%, while Harris has dropped to 41%. On PredictIt, Trump's chances of winning are 54%, while Harris's are 49%.
ETF inflow:
The popularity of prediction market has brought high-level implied volatility and also driven the pump of SpotBTC price, said Arisa Toyosaki, co-founder of Cegaencryption Derivatives service provider. "Recently, a large amount of funds flowed into BTC exchange-traded funds(ETFs), which also pushed up the price of BTC pump."
Since October 11th, a group of US ETFs flowing into the BTC exchange-traded fund (ETF) has exceeded $1.6 billion. As of Thursday, the BTC price was around $67,260, while the historical high in March was $73,798.
Although the prediction market favors Trump, the majority of opinion polls are still within the margin of error, with less than three weeks until Election Day. According to the average data from Real Clear Politics national polls, Harris leads Trump by about 1.6 percentage points. In the average data from key states, Trump leads by less than 1 percentage point. #币圈观察员# #BTC is fluctuating around $67,000. What’s next?##BTC在$67,000震荡，后续行情怎么走？#Rebound gave no chance for pullback and directly surged above 68000. This Rebound wave is nearly 10,000 points, combined with the impact of market news. The recent hot topic is the U.S. presidential election, the showdown between Trump and Harris;
Currently, Trump's election probability is slightly higher, but there may also be a Black Swan Event. Before the results come out, we will not speculate rashly, but this pump is somewhat related to the election.
This month is ending soon, and the election is also approaching. At this time, Rebound is likely to follow expectations. About a week before the election, there should be a pullback; #币圈观察员# #BTC is fluctuating around $67,000. What’s next?##BTC在$67,000震荡，后续行情怎么走？#Although BTC [BTC] has surged to a high of $68,000 in the past two days, tokens with artificial intelligence themes have been falling.
Just two weeks ago, artificial intelligence Tokens, especially Bittensor [TAO], led the Cryptocurrency market with a huge surge. However, the past week and current trends have shown significant differences.
As a result, TAO experienced a sharp decline. In fact, at the time of writing this article, Bittensor's trading price was $578. This marks a 6.80% decline in the past day and a 1.11% decline in the weekly chart. #币圈观察员# 