News: Bitcoin experienced significant volatility on U.S. Election Day, initially surging to new 2020 highs above $14,000, driven by its narrative as a hedge against uncertainty. However, President Trump's statements regarding vote counting led to a sharp dip, reversing earlier gains. Ethereum's deposit contract for Eth 2.0 going live is a major bullish development for ETH, while the movement of $1 billion in Silk Road-linked Bitcoin introduces potential selling pressure. Overall, the market is highly sensitive to election outcomes and geopolitical events.

Market Probabilities: 
Bull 50% | Base 30% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
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