Bitcoin's price exceeded $74,000 ahead of the US elections, driven by increased trader interest in political events, rising 8.76% within 24 hours. This reflects heightened market volatility during this period.
Overall, the total cryptocurrency market capitalization ascended to $2.49 trillion, demonstrating an 11.04% increase. Experts attribute this to investor expectations regarding future US cryptocurrency policies and possible regulatory changes.
Experts predict continued volatility post-elections and recommend investors to closely watch market news and assess risks before making investment decisions.
