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Why the Crypto Market Is Down Today? U.S. Election Impacts the Price of Bitcoin

  • The crypto market is down today, with Bitcoin experiencing a bearish week and trading around $69,145.
  • The U.S. election in 2024 is impacting market sentiment, with potential price volatility for Bitcoin depending on the outcome.
  • Liquidations in the crypto market reached nearly $350 million on November 3, due to election-related anxiety.
  • Traders speculate that a Trump victory could push Bitcoin to $100,000, while a Harris win could result in a significant price drop.

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