Bitcoin dropped back to its pre-election price

Summary

The Nasdaq fell 5.5% on Thursday, its worst day in about nineteen months, and Bitcoin gave back everything it gained after the midterms. Scott Melker walks through the liquidations, the ETF outflows, and why he thinks Bitcoin is still outperforming. Samsung Wallet switched on a USDC account on Solana for roughly 82 million US Galaxy devices. Trump Media moved 4,259 Bitcoin to Crypto.com, which is not the same as selling it. The White House began reviewing an SEC draft on crypto broker-dealers. And one wallet permission let the Binance attackers take $2.5 billion in a single transaction…

Description from Yahoo News.