Crypto Market Holds Steady Amid U.S. Election Uncertainty

Crypto Market Shows Mixed Signals Ahead of US Presidential Election Results

As the United States awaits the outcome of its presidential election, the cryptocurrency market exhibits contrasting trends.

On Tuesday, major digital assets such as Bitcoin, Ethereum, Shiba Inu, NEAR Protocol, Polkadot, and PEPE maintained their price ranges, while certain altcoins experienced notable gains.

Dogecoin Leads the Surge

Among the top ten cryptocurrencies, Dogecoin emerged as the day's standout performer, appreciating by 10.82% intraday to reach $0.1678. Dogecoin's behavior has diverged from most other popular tokens, exhibiting lower volatility.

Bitcoin and Ethereum Prices Fluctuate

At the time of writing, Bitcoin (BTC) has risen by 0.32% and is trading at $68,781. Bitcoin's intraday range extended from a low of $66,803 to a high of $69,100, resulting in a market capitalization of $1.36 trillion. Over the past week, Bitcoin has lost 3.76%.

Ethereum (ETH) followed a similar trajectory, declining by 1.38% to $2,430, with an intraday low of $2,359 and a high of $2,483. Ethereum's market capitalization stands at $292.68 billion. Ethereum has faced significant outflows, with an estimated $74.24 million withdrawn from spot ETFs, excluding BlackRock's ETHA. This highlights the challenges inherent in the current market environment.

For more information, visit:
Website | Twitter | Telegram | Instagram |

Disclaimer: This article may include affiliate links. Please consult a financial advisor before investing in cryptocurrencies.