👉Bitcoin slipped below $68,000 ahead of the US presidential election, altcoins and Wall Street are in the red. Bitcoin has declined for the 6th consecutive day as the market awaits results from the US election Bitcoin and Altcoin.
👉Bitcoin continues to record a gloomy state in the first days of November with a series of 6 consecutive days of decline.
👉The market has slipped below $67,000, hitting a local bottom around $66,835 after the bulls failed to push the price above $70,000.
👉The market is also awaiting the upcoming US presidential election in the next few hours.
Currently, the leading asset is trading just below the $68,000 mark, losing nearly 2% of its value in the past 24 hours.
💥The Altcoin market plunged yesterday.
👉Leading the way are THORChain (RUNE) and Popcat (POPCAT) with respective declines of up to 15% and 11%. Over a 7-day period, both tokens have lost more than 25% of their value.
👉Other major projects in the top 100 such as Fantom (FTM), cat in the dogs world (MEW), Pendle (PENDLE), Celestia (TIA), Arweave (AR), dogwifhat (WIF), Mantra (OM), Bitcoin SV (BSV), Helium (HNT), Kaia (KAIA), Chainlink (LINK), Brett (BRETT), Ethena (ENA),…Ethereum (ETH) continues to plunge for the 5th consecutive day, extending the downward trend since October 30.
👉The bulls failed to push the price back above the psychological level of $2,500, resulting in ETH dropping further, hitting a local bottom at $2,357, completely erasing the growth seen at the end of October.
ETH has now slightly recovered and is trading around $2,414.
Wishing everyone successful trading🔥
