{"id":1166,"date":"2024-10-15T15:32:41","date_gmt":"2024-10-15T15:32:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1166"},"modified":"2024-10-15T15:32:41","modified_gmt":"2024-10-15T15:32:41","slug":"3-reasons-why-a-bitcoin-all-time-high-before-the-election-is-back-in-play","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1166","title":{"rendered":"3 Reasons Why A Bitcoin All-Time High Before The Election Is Back In Play"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) might be on the brink of hitting its highest value ever as the <a href=\"https:\/\/www.benzinga.com\/general\/politics\/24\/10\/41283673\/trump-vs-harris-2024-election-swing-state-poll-too-close-to-call-but-this-candidate-leads\">U.S. presidential election<\/a> approaches.<\/p>\n<p><strong>What Happened<\/strong>: According to a prediction from <strong>Standard Chartered\u2019s<\/strong> Geoff Kendrick, as <a href=\"https:\/\/www.theblock.co\/post\/321062\/standard-chartered-says-bitcoin-could-revisit-its-all-time-high-before-the-us-election\">reported<\/a> by The Block, Bitcoin could reach its previous peak of $73,800, citing several factors:<\/p>\n<ul>\n<li>A steepening U.S. Treasury yield curve: the yield curve shift, driven by <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/24\/10\/41321467\/feds-waller-signals-caution-on-interest-rate-cuts-latest-inflation-data-was-disap\">stronger-than-expected U.S. CPI data<\/a>, indicates market volatility and opens up the possibility of slower interest rate cuts.<\/li>\n<li>Growing interest in <a href=\"https:\/\/www.benzinga.com\/topic\/bitcoin-etf\">Bitcoin spot ETFs<\/a>: U.S. spot Bitcoin ETFs experienced their <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41331856\/bitcoin-spot-etfs-saw-555-8m-net-inflows-on-monday-monster-day\">largest single-day net inflows<\/a> since &#8230;<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41336897\/3-reasons-why-a-bitcoin-all-time-high-before-the-election-is-back-in-play\" alt=\"3\" reasons why a bitcoin all-time high before the election is back in play>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) might be on the brink of hitting its highest value ever as the U.S. presidential election approaches. What Happened: According to a prediction from Standard Chartered\u2019s Geoff Kendrick, as reported by The Block, Bitcoin could reach its previous peak of $73,800, citing several factors: A steepening U.S. Treasury yield curve: the yield [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1166","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1166"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1166\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}