On October 25, 2024, Bitcoin's price fell back below $68,000, trading at around $67,929.41, despite a higher performance of over 1.2% in the past 24 hours compared to major altcoins. Ethereum (ETH) and Solana (SOL) posted modest gains of about 0.75%, while the broader digital asset market, as indicated by the CoinDesk 20 Index, increased under 0.8%. Bitcoin's recent dips mean it could close the week down over 1%. Microsoft is exploring Bitcoin to hedge against inflation and macroeconomic impacts, though concerns about cryptocurrency volatility remain. Additionally, Balance, a Canadian crypto custodian, has attained qualified custodian status, aiming to simplify asset management for ETFs and mutual funds in Canada. A chart from Amberdata indicated that traders expect a significant price swing of approximately 3.8% on November 8, suggesting increased volatility could occur around the U.S. election results.

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