As uncertainty grows over the US presidential election, Bitcoin has fallen by about 3%, dropping below $70,000.
On market cap, Bitcoin was trading at $73,316, down 2.71% from 24 hours earlier.
On this day, Bitcoin reached a high of $72,662 (approximately 11.04 million yen) and a low of $69,590 (approximately 10.58 million yen).
It is currently trading between 10,000,000 yen and 10,000,000 yen. At one point, it collapsed to the 70,000 yen range. This is analyzed as being due to the increasing uncertainty surrounding the US presidential election.
Trump's chances of winning on PolyMarket, the world's largest cryptocurrency-based betting site
Uncertainty over the presidential election is growing as support for Mr. Trump fell from 67% to 61%, while his rival, Kamala Ha Ri Su, rose from 33% to 39%.
Not only that, but the previous day Bitcoin had surpassed $73,000 (approximately 11.09 million yen) and was approaching its all-time high.
However, it seems that some profit-taking selling has also started. When Bitcoin falls, all other coins fall as well. Ethereum, the second largest by market capitalization, fell 5.15%, and Solana, the fifth largest by market capitalization, fell 3.
They are down 57% each.
2024/11/01 10:08 KST
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