Bitcoin (BTC) started to consolidate after it made a sharp upward move. BTC, which had been around $ 15,400 for 2 days, had dropped to $ 15,159 in the morning, according to CoinGecko data. With the election of Democratic candidate Joe Biden as President of the United States, BTC fell. The leading cryptocurrency was trading at $ 15,360 just before the results were announced. BTC is trading at $ 15,202 at the time of writing. Currently, the cryptocurrency community thinks that Biden's victory will increase both Bitcoin and other cryptocurrencies in the future.
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