Investing.com– Bitcoin’s price rose slightly on Monday, steadying after a failed push towards record highs saw the cryptocurrency nursing steep losses over the weekend.
Risk appetite was also strained by anticipation of a tight presidential election, while traders turned more skeptical towards speculative assets before a Federal Reserve meeting this week.
rose 0.6% to $69,018.9 by 00:30 ET (05:30 GMT).
Election jitters dent Bitcoin as Harris gained some ground
Recent polls showed Donald Trump and Kamala Harris were headed for a tight race, with voting set for Tuesday. The race is expected to be largely determined by seven key battleground states.
Trump was regarded as the more favorable candidate by crypto markets, given that he has presented a largely pro-crypto stance in recent campaigning. Harris, on the other hand, has pledged to a crypto regulatory framework, but has not elaborated…
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