U.S. crypto stocks fall on rising bets of Harris win after presidential debate

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 19 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 175%
  • Publisher: 92%

Canadian News News

Canada News,Breaking News Video,Canadian Breaking News

Bitcoin, the world’s largest cryptocurrency, was down 1.6% on Wednesday, while ether fell 2%

U.S. cryptocurrency stocks fell in premarket trading on Wednesday after Democratic candidate Kamala Harris put her Republican rival Donald Trump on the defensive in a combative presidential debate.

Bets of win for Harris improved to 56% from 53% before the debate, while Trump’s chances slipped to 48% from 52%, according to online betting site PredictIt. The crypto market is often seen as a risky fringe business with high volatility and has drawn sharp scrutiny from the U.S. Securities and Exchange Commission, which has accused it of flouting securities laws.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA

Canada Canada Latest News, Canada Canada Headlines