By Maya Cantina
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Using implied performance versus a theoretical value, ETC Group found that bitcoin could move up to 10% in either direction depending on the election. Given that the current spot price is just below $68,000, a 10% rise would mean a new record high, surpassing March’s $73,697. The team also found that the impact of the election would likely have the greatest effect on Cardano. (ADA) And Dogecoin (DOGE)with movements of 18% and 20%, respectively.
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