The market saw choppy price action, with $BTC briefly breaking above 70k, only to fully retrace. Currently, $BTC is trading at $69,373 and $ETH is trading at $2,422.
All eyes are on the election, with Polymarket pricing Trump’s victory in Arizona, Georgia, Nevada, and Pennsylvania, and Harris’s victory in Michigan, with a tie in Wisconsin among the swing states. However, the odds of Harris winning overall are rising (as of 7pm ET.)
A few key headlines include: the ETH-to-BTC market cap ratio has declined to 24.52%, its lowest level since April 2021; Mt. Gox transferred approximately 32,371 BTC, worth $2.2 billion, to unmarked wallets; and $BTC ETFs saw $541.1M in outflows on Monday.
In the past 24 hours, the top three gainers were $GOAT, $DOG, and $ETHW, while the top three losers were $NFT, $MKR, and $TRX.
