Bitcoin ($BTC) struggles amid election uncertainty

Bitcoin ($BTC) struggles amid election uncertainty

Crypto Daily – As the U.S. election moves into its penultimate day of voting, the crypto market is suffering from the uncertainty caused by such a tight race. ($BTC) is currently in its 6th red day in succession. If Trump doesn’t win, will the king of the cryptocurrencies fall a lot further?

Gap between Trump and Harris is closing

While Republican Donald Trump is ahead of Democrat Kamala Harris 57.9% to 42.3% respectively on Polymarket, the foremost prediction market, this gap has closed considerably from the high 60s to low 30s percentage gap that existed only a couple of weeks ago.

The betting market, one that generally proves to be quite accurate, is predicting a much tighter race as Tuesday’s election final day looms large.

Two key swing States slightly favour Harris

To add to all the uncertainty, two of the swing States – Michigan and Wisconsin – are now coloured light blue, signalling that the swing here is now slightly towards Kamala Harris….
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