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Bitcoin’s rollercoaster price ride surges as U.S. election results unfold while investors brace for potential big moves or a much deeper correction.

Here’s what we got for you today:

• 📈 Bitcoin surges amid U.S. election!

• 🤯 How Coffeezilla’s exposé changed Tate’s crypto game!

• 🧱 Around The Block: ‘Crypto has already won, regardless of Trump or Harris's win: Bitwise CIO.

📈 Bitcoin Surges Amid U.S. Election!

Bitcoin’s price briefly spiked over 3%, reaching $71,500 —and as of this writing, it's trading at an impressive $74,982.13!

Other crypto assets have also mirrored the surge.

CoinGecko data show that Dogecoin and Shiba Inu jumped around 5% and 3%, while Ethereum and Solana increased 1.9% and 2.6%, respectively.

The reason? The buzz around the U.S. presidential elections!

Election data from the Associated Press reveals that Republican candidate Donald Trump is currently leading Democratic contender Kamala Harris with a substantial 95 to 35 electoral college votes, and that’s where the rally comes from.

Meanwhile, DOGE’s rally came as billionaire Elon Musk continued his support campaign for Republican candidate Donald Trump.

But it’s not all positive vibes!

Analysts are ringing alarm bells, predicting that market volatility will peak following the election being called.

This could spell “big moves” for Bitcoin—or potentially trigger a “much deeper correction.”

One trader even speculated that once the results are in, Bitcoin could swing "at least" 10% in either direction.

So, brace up, folks; anything could happen.

In addition, the US Federal Reserve’s Federal Open Market Committee meeting on Nov. 7 could amplify volatility even further.

Current forecasts suggest there’s a 94.1% chance that interest rates will be cut by another 25 basis points.

Catch more details here.

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Earn Now

🤯 How Coffeezilla’s Exposé Changed Tate’s Crypto Game!

Remember that epic showdown between Andrew Tate and Coffeezilla, the YouTube detective?

Here’s a quick refresher:

Andrew Tate, the former kickboxer turned internet sensation, has been all about promoting his meme coin, Daddy Tate (DADDY).

And for a while, things were actually looking pretty good for him.

The coin hit a $120 million market cap back in July, and by mid-October, it surged 100% in just 30 days. Not too shabby, right?

But then, on October 19, the digital detective, Coffeezilla (aka Stephen Findeisen), dropped a bombshell of a video accusing Tate of being a scammer and a grifter.

Tate didn’t hold back either—he fired back at Coffeezilla with everything he had, even encouraging his fans to hurl insults at the YouTuber, including calling him “gay.”

There were even a few threats thrown in for good measure.

Since that video dropped, things have taken a bad turn for Tate and his meme coin.

DADDY has dropped a staggering 38.45% in the last month, 23.47% in the past week, and a jaw-dropping 43% since Coffeezilla’s accusations came out.

Right now, the coin is sitting at a humble $0.08271, far from its glory days. Yikes!

And just so you know, Coffeezilla doesn’t just go after random targets.

He’s the same guy who accused Sam Bankman-Fried of running a Ponzi scheme weeks before the crypto winter hit and six months before the FTX collapse.

Safe to say, when Coffeezilla speaks, things tend to shake up.

As for whether DADDY can make a comeback?

Well, that’s still anyone’s guess. But we’re all watching closely to see how Tate responds to the mess he’s in. Will he rally? Will he recover?

If you want to dive into the full drama, click here and enjoy!

🧱 Around The Block

• Crypto has already won, regardless of Trump or Harris's win: Bitwise CIO.

• Polymarket paid U.S. social media influencers for election content.

• Crypto Exchange Binance donates $3 million to Valencia flood relief efforts.

• Kraken completes 2024 proof of reserves, verifying over $21.5 billion in client assets.

• Michigan becomes the first state pension fund to invest in Ethereum ETFs with $11M stake.

• CZ filing says the SEC can’t tell securities from beanie babies.

• Polymarket does more volume in 5 days than all of 2023.

That's all we've got for you today.

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions.