Bitcoin has experienced a 1.9% decline in the past 24 hours, while the broader crypto market has suffered a larger drop. Analysts suggest that the uncertainty surrounding the upcoming US presidential election could be one reason for the decline, although other factors such as tech earnings, international tensions, and profit-taking could also be contributing. Some market watchers attribute the slump to shrinking odds for a victory for crypto-friendly candidate Donald Trump. However, not all analysts are convinced, and some note that Bitcoin is performing relatively well considering the decline in equity prices.



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