Bitcoin
Bitcoin Price Dips Under $76K Then Recovers as Blue Wave Hits Washington
The Midterm Effect Bitcoin’s price took a hit on election night, dipping to roughly $75,740 as the results came in. It is currently trading near $77,300 at the time of writing. As expected, the broader market followed as well, with crypto’s total market cap falling about 2.9% over 24 hours to roughly $2.58 trillion (all while ether hovered around $2,240 and XRP closed near $1.26). What the Results Show The sell-off tracked the scale of the Democratic gains. NBC News projected that Democrats had won control of the House of Representatives, and CNBC’s election desk estimated the party would take...
Cryptonews.net4 min read
