Altcoins Become Crypto’s Biggest Risk Trade as Election Draws to a Close
After generally underperforming Bitcoin during much of this year, smaller cryptocurrencies such as Doge and Solana may end up having the most at stake following the conclusion of the US presidential election.
Bitcoin rose as much as 4.6% to $70,165 on Tuesday, or about 5% below the record high of around $73,800 reached in March. The largest cryptocurrency by market value has gained more than 65% this year.
