Cryptos, Dogecoin & Bitcoin – American Wrap 29 October

In a speech at the ABA Annual Convention on Tuesday, US Treasury Secretary Janet Yellen revealed a new National Strategy for Financial Inclusion (NSFI), but the issue failed to mention crypto in a good light. With the US presidential election only a few days away, this may negatively impact support for Democrat candidate Kamala Harris.

 

Dogecoin (DOGE) is up over 8% on Tuesday following a massive rally in the past three days. With the price surge, the number one meme coin could attempt to set a new yearly high in the coming days.

For those new to our updates and as a reminder to regular readers, we have been bullish on Bitcoin (BTCUSD) since our first article on FXStreet was posted in late August; where we presented our preferred Bullish Elliott Wave (EW) sequence to ideally and at least ~$83K.