Bitcoin is experiencing volatility due to a combination of factors, including geopolitical tensions, macroeconomic conditions, and the upcoming U.S. presidential election. The market is preparing for potential price swings as election uncertainty increases speculation. Despite recent corrections, Bitcoin has demonstrated resilience, rebounding by 30% in October after dipping to $52,756 in September. Historically, the fourth quarter has been bullish during halving years, with an average quarterly return of 31.34%. Additionally, institutional interest in digital assets is growing, with Emory University investing in the Grayscale Bitcoin Mini Trust and Coinbase shares.

Source: https://Blockchain.News/news/bitcoin-btc-faces-volatility-amid-us-election-economic-factors