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Bitcoin drifts near $69,000 on election night as crypto investors see choppy trading ahead
Cryptocurrencies were slightly higher Tuesday evening as investors waited for direction on the potential outcome of the U.S. presidential election. The price of bitcoin was last higher by 2% at $69,105.03, according to Coin Metrics. Earlier, it rose as high as $70,522.84. It is currently 5% off its all-time high, after trading near it last week. Stocks tied to the price of the cryptocurrency got a boost in earlier trading during regular stock market hours. Exchange operator Coinbase and MicroStrategy, which often trade as a high beta play on the price of bitcoin, advanced 4% and 2%, respectively. Investors are ... (full story)