Tom Carreras is a markets reporter for CoinDesk. He holds BTC, ETH and SOL above CoinDesk's disclosure threshold of $1,000.
Bitcoin is down 1.9% in the last 24 hours, but the broader crypto market has suffered a far deeper decline.
Meanwhile, the stock for Trump Media and Technology Group — seen by some as a proxy for Trump's chances next week — has plunged 34% in the last three days after gaining 352% over the previous month. “Big slip-ups by both parties over the past few days have reminded people that the election is too close to call and may be event-dependent,"
Thompson reminded that traders could simply be profit-taking after strong momentum pushed bitcoin up 22% in 20 days, and Trump's Polymarket odds from 47% to 67% in a little over a month.
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