Bitcoin's price experienced a 2% decline just before the 2024 U.S. presidential election, currently trading at roughly $67,848. This movement occurred on November 4 during the early Asian trading session.
Previously, Bitcoin was rejected at its all-time high of about $73,300 and is now retesting a significant support level. This crucial juncture leaves investors uncertain, with market sentiment heavily influenced by the impending election results.
The 2024 U.S. presidential election could cause increased volatility in the cryptocurrency market within the next 24 hours. Investors and traders should monitor the situation closely to manage potential risks and opportunities.
