
As the 2024 US Presidential Election approaches, analysts are predicting increased market volatility. Evercore has noted a rise in volatility, particularly among small-cap stocks, as the election date nears. Experts anticipate significant fluctuations in various asset classes, including cryptocurrencies, with Bitcoin experiencing notable price swings of approximately $3,000 in just a few hours. Historical trends indicate that stock market volatility typically escalates during election cycles, suggesting that investors should prepare for a turbulent period ahead.
Bitcoin with a ~$3,000 move up and down in only a matter of hours... Election szn volatility has arrived. 🎢 $BTC https://t.co/66bgdrcvVc
Expect wild volatility over the next few weeks leading up to the election https://t.co/u9EFgBmrTY
Historic trends show increased stock market volatility during election cycles. @philrosenn https://t.co/aPHkhL8wFN

