US Elections Imminent Kamala Harris Makes a Sudden Comeback Bitcoin Plummets to 67K
U.S. Stocks Close Lower on Monday (1/4), Investors Brace for a Significant Week Including the Upcoming Presidential Election and the Fed’s Policy Statement
A well-regarded and accurate opinion poll revealed a shocking reversal in Iowa, drawing significant attention. Bitcoin fell below 67K, and Ethereum dropped to around 2,350.
Accurate Poll Shows: Kamala Harris Leads Trump in Iowa
With the final countdown to the 2024 U.S. Presidential Election underway, a closely watched and accurately recorded opinion poll has shown a surprising reversal in Iowa. According to Fortune, the latest Des Moines Register/Mediacom Iowa Poll conducted by Selzer & Co. shows Kamala Harris leading Trump by 47% to 44% in Iowa.
Since Obama in 2012, the Democratic Party has not won Iowa. The potential reversal now boosts Democratic morale, with experts interpreting this situation as a possible weathervane for neighboring Wisconsin.
U.S. Stocks End in the Red, Nvidia Set to Replace Intel in the Dow Jones Index
U.S. stocks closed lower on Monday (1/4) as investors prepared for a crucial week, including the selection of a new President and the Federal Reserve’s policy statement. Due to ongoing tug-of-war between the two parties, the election result might be delayed until after the Fed meeting, adding more uncertainty to the market.
Chip giant Nvidia (Nvidia) rose by 2.13%. Nvidia is set to replace Intel (Intel) as a Dow Jones component on 11/8. Intel’s stock price fell by 2.28%, dragging down the Dow Jones Index.
(Intel’s stock price fell nearly 60%, with layoffs and business spin-offs, potentially being kicked out of the Dow Jones components)
Bitcoin Drops to 67K, Ethereum to 2,350
The Trump trade fell back, with Bitcoin surging to $73,620 by the end of October, just one step away from its all-time high. However, due to poll results and election uncertainties, it fell to $66,835 yesterday.
(Bitcoin surged to $73,620, just one step away from its all-time high)
Ethereum dropped to around 2,350. The recent weak performance of Ethereum has also dragged down community confidence.
(Ethereum developers discuss development difficulties, revealing Ethereum has gone off track)
