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Home»Market»Crypto market little changed with US votes
Market

Crypto market little changed with US votes

November 7, 2024No Comments1 Min Read
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Bitcoin was little changed, after recovering from a fall below $68,000. Besides today’s US presidential election, in which traders are looking for clues about the next market move, BTC has also been threatened by Mt. Gox activity. The defunct crypto exchange moved more than 32,000 BTC ($2.2 billion) to unmarked wallet addresses, often a sign of an imminent transfer to exchanges, putting selling pressure on BTC. Bitcoin was trading at just under $68,800 in late European morning, a figure that has changed little over the past 24 hours. The broader digital asset market, as measured by the CoinDesk 20 Index, fell just over 0.5%.



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