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Will Bitcoin price crash below $75K After US midterm elections begin?

By Frank bevah

Bitcoin price is trading near $76,700 ahead of today’s US midterm elections, as traders assess political risks. Ethereum is priced around $2250, and XRP is trading close to $1.25. The total cryptocurrency market capitalization is currently around $2.58 trillion, with a roughly 3.4% drop in 24 hours. Bitcoin is down 4%…

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Market capitalisation

The total value of a listed company, calculated as its share price multiplied by the number of shares.

It is the usual way to compare the size of public companies.

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