Bitcoin's recent correction reflects investor caution, as the price stabilizes under $60,000 and market sentiment indicates a shift towards 'fear'.
Realized gains of $720 million between September 10 and 16 show that traders are capitalizing on earlier gains, while Bitcoin struggles to maintain its value.
Trump's potential victory is seen as a bullish signal for Bitcoin, potentially driving the price up to $80,000 due to his support from the crypto community.
The stark contrast in expectations regarding cryptocurrency under different political leadership highlights how investor sentiment is influenced by candidates' platforms on digital assets.
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