tl;dr
Bitwise CIO Matt Hougan predicts that Bitcoin could reach a new all-time high (ATH) before the US election, citing Kamala Harris' support for crypto as a potential market influencer. Standard Chartered also made a similar prediction, while trading firm QCP Capital suggests that a new ATH might not o...
Bitwise CIO Matt Hougan predicts that Bitcoin could reach a new all-time high (ATH) before the US election, citing Kamala Harris' support for crypto as a potential market influencer. Standard Chartered also made a similar prediction, while trading firm QCP Capital suggests that a new ATH might not occur until January next year.
Bitwise’s CIO, Matt Hougan, suggested in his latest weekly memo that BTC could hit a new ATH before the US elections. In the memo, he implied that market participants might have to wait until after the elections before Bitcoin runs to $80,000, representing a new ATH for the flagship crypto. However, after the Monday BTC rally to $67,000, he expressed uncertainty regarding the timeline for the price rally.
Standard Chartered’s Head of Research, Geoff Kendrick, also predicted that Bitcoin could rise to $73,800 before the November 5 US elections, due to factors such as increased interest in Spot Bitcoin ETFs and Donald Trump's lead in the polls. Moreover, trading firm QCP Capital's analysis suggests that Bitcoin is unlikely to reach a new ATH until January of next year, based on historical trends in election years.
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City Office, City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the southern and western United States.
Industry: Real Estate & Construction, Real Estate Investment Trusts
Market Cap: 223.658B
Dividend Yield: None
P/E Ratio: 0.4
EPS: -0.36
ROE: 4.381
ROI: -0.0402
Volume: 175.37M
Stock Price: $6.38
52-Week Change: -0.523
52-Week High/Low: -0.051
More about General Dynamics Corporation
General Dynamics Corporation Summary General Dynamics Corporation Summary
General Dynamics Corporation (GD) is an American aerospace and defense corporation. It is headquartered in Reston, Fairfax County, Virginia.
Industry: MANUFACTURING, SHIP & BOAT BUILDING & REPAIRING
Market Cap: $82.49 billion
Current Price: $23.4
EPS: $5.48
P/E Ratio: 12.83
52-Week High: $164.48
Dividend Yield: 7.89%
Revenue: $44.946 billion
Net Income: $3.2735 billion
Debt to Equity: 0.207
Current Ratio: 0.18