Is Rishi Sunak Bitcoins October Surprise – Bitcoin Magazine

This is an opinion editorial by Jacob Kozhipatt, a YouTuber and author.

The phrase “October Surprise” is utilized in politics to explain a final minute, paradigm-shifting occasion that happens a month earlier than an American election. For instance, in 2016, the FBI reopened their investigation into Hillary Clinton’s personal e-mail server, an occasion which many argue led to her loss within the 2020 election. In 2020, then-president Donald Trump contracted COVID-19, simply weeks earlier than the November election.

Bitcoin markets are in want of a shakeup. 2022 has been a troublesome yr for the value of bitcoin. Right now, bitcoin sits ~65% under its value only one yr in the past, a far cry from the six-determine value prediction that fashions like “stock-to-flow” and lengthy-time bulls, like Tim Draper, predicted.

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