analysis

Trump Doubles Down on His $5,000 Midterm Promise. Will Bitcoin Swing?

0Importance
closedStatus
1News media
Published

Key claims & sources

Summary in preparation.

Market reaction i

BitcoinBTC the event is about this asset

Bitcoin rose 0.1% in the 4 hours after the first headline, after falling 0.2% in the 2 hours before.

$84,700 price at the headline
-0.2% 2 h before
+0.1% 4 h after
+0.6% 12 h after
First headline

49 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 3 21:54

Where this sits in the Bitcoin series

WhenWhat happenedFigure
1.1 years ago BTC at $115,227 high today it sits -35.4% from there
4 months ago BTC at $58,566 low today it sits +27.0% from there

From what we have stored, starting 1.1 years ago.