Bitcoin falls below $68,000 as Trump's election odds decline, triggering $315 million in liquidations

Bitcoin's price fell below $68,000 for the first time in a week, dipping to $67,569 amid concerns over Donald Trump's election chances. This decline follows a recent surge that brought Bitcoin close to its all-time high. Trump's odds of winning the election have decreased significantly on prediction markets. A new poll shows him trailing Kamala Harris in Iowa, leading to a shift in betting patterns. His chances of winning dropped from 67% to 54% on Polymarket. The drop in Bitcoin's value has led to over $315 million in crypto liquidations in the past 24 hours, with long positions accounting for a large portion. The overall crypto market is affected by Bitcoin's fluctuations.