The post Why the Crypto Market Is Down Today? U.S. Election Impacts the Price of Bitcoin appeared first on Coinpedia Fintech News
The crypto market is down today, Bitcoin (BTC), closed the first week of November with a short-term bearish outlook. More traders have feared the anticipated crypto volatility amid this week’s conclusion of the 2024 U.S. election and potential Fed rate cuts. The Federal Reserve is poised to cut rates by 25 basis points in November, …