Bitcoin slid to just over $56,000 after Kamala Harris was perceived to have bettered Donald Trump in their first presidential debate. BTC recovered to over $56,500 during the European morning, but remained around 1.3% lower over 24 hours. The broader digital asset market, as measured by the CoinDesk 20 Index, dropped about 1%. The Japanese yen rallied to 140.70 per U.S. dollar, its strongest since January, appreciating beyond the early August level of 141.68 in a sign of a move away from riskier assets. The yen picked up a strong bid in late July after the Bank of Japan hiked interest rates for the first time in decades.
Source: https://www.coindesk.com/markets/2024/09/11/first-mover-americas-bitcoin-drops-below-565k-on-risk-off-day/?utm_medium=referral&utm_source=rss&utm_campaign=headlines