ChainCatcher news, according to Bloomberg, Brazil's well-known hedge fund Verde Asset Management stated in a report to clients on Monday that the company established a small Bitcoin position before the U.S. presidential election voting on November 5, although the specific size of the position has not been disclosed.The fund is managed by industry veteran Luis Stuhlberger. Data shows that the company's main fund fell by 0.18% in October after fees. In contrast, the CDI interbank benchmark rate rose by 0.93% during the same period, and a basket of local hedge funds increased by 0.29%. So far this year, its performance has outperformed the Anbima hedge fund index by more than two percentage points.Verde currently manages assets of approximately 19 billion reais (3.3 billion USD), down from 20 billion reais a month ago.

ChainCatcher message, top trader Eugene replied to Twitter user @AbiTrades_ on social media about which altcoins might see the biggest increase if Trump wins the election, stating that Bitcoin will have the largest increase.

ChainCatcher news, Standard Chartered Bank estimates that the 60% appreciation of the dollar in October is related to increased bets that Trump will win the election on November 5.The dollar index has risen more than 3% this month, poised to achieve its best monthly performance since 2022. Many analysts indicate that Trump's election as president would boost the dollar, given the prospect of high tariffs and the ensuing market volatility, which often favors safe-haven assets.Steven Englander, Global Head of G10 FX Research at Standard Chartered Bank, stated that the dollar is strengthening as the likelihood of a Trump victory increases. This has a greater impact on foreign exchange than on fixed income.Englander estimates that the market expects the probability of a Trump victory to be close to 70%. If this probability is confirmed and Congress becomes divided, there will be room for profit-taking in the market. If the Republican Party gains control of both the House and Senate, it could impact the market.