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Leading cryptocurrencies retraced over the weekend as the probability of Donald Trump winning the presidential election fell sharply in prediction markets.
CryptocurrencyGains +/-Price (Recorded at 8:30 p.m. EDT)Bitcoin BTC/USD-1.21%$68,324.16Ethereum ETH/USD -1.93%$2,438.68Dogecoin DOGE/USD -4.17%$0.1519
What Happened: Bitcoin slipped to a low of $67,500 in the morning hours, a sharp reversal from its near-new highs last week. The leading cryptocurrency recovered to $68,000 late evening.
The pullback looked to be associated with Trump’s declining odds on prediction markets, including Polymarket, which gave him a 54% chance of…
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