Risk assets are on the rise as Americans head to the polls to elect their next president as well as to determine which political party will control the two houses of Congress.
Bitcoin (BTC) crossed back above $70,000 early in the U.S. trading day, up 2.4% over the past 24 hours. The broader CoinDesk 20 Index was higher by 1.6% over the same time frame, with Ethereum's ether (ETH) notably continuing to underperform bitcoin. At 0.03526, the ETH/BTC ratio fell to its weakest level since April 2021.