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Bitcoin erases post-election gains as Wall Street selloff hits $1B in liquidations

By Estefano Gomez

The selloff highlights the vulnerability of cryptocurrencies to broader market trends, emphasizing the interconnectedness of financial markets. The post Bitcoin erases post-election gains as Wall Street selloff hits $1B in liquidations appeared first on Crypto Briefing.

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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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