Bitcoin's Price Volatility Intensifies as U.S. Election Nears

Bitcoin's price fluctuates near record highs amid investor uncertainty and significant ETF inflows ahead of the U.S. presidential election.

Bitcoin's price has been oscillating near its all-time high of $73,737, experiencing fluctuations influenced by pre-election market volatility and profit-taking by traders.
Spot Bitcoin ETFs in the U.S. have seen substantial inflows, with BlackRock's iShares Bitcoin Trust ETF leading the charge, reflecting strong institutional interest.
Market analysts predict increased volatility for Bitcoin as the U.S. presidential election approaches, with potential impacts from both election outcomes and broader economic indicators.
Donald Trump's pro-crypto stance has been a focal point in the election, with his odds fluctuating on prediction markets, impacting Bitcoin's price movements.
Despite the volatility, Bitcoin's market dominance has increased, with its share of the total crypto market capitalization reaching a three-year high.