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Bitcoin Struggles to Maintain Support Amid Political Shifts and Market Volatility

Bitcoin Struggles to Maintain Support Amid Political Shifts and Market Volatility

Bitcoin bounces from 7-week low under $76K as Democrats sweep Congress
Bitcoin bounces from 7-week low under $76K as Democrats sweep Congress

Bitcoin price downside reached a seven-week-low of $75,618 as 24-hour crypto long liquidations neared $300 million.

Bitcoin Selloff Eases as Crypto Traders Absorb Democratic Sweep

Bitcoin recovered from an early selloff after touching a seven-week low as investors weighed an expected Democratic sweep of US midterm elections and its implications for the crypto industry.

Bitcoin Price Risks Drop Below $76K as Oil Prices Slide 7%
Bitcoin Price Risks Drop Below $76K as Oil Prices Slide 7%

TL;DR Bitcoin price risks another drop as it fell below $77,000 on Monday despite a sharp decline in oil prices fueled by hopes of a diplomatic resolution to the US-Iran conflict. BTC failed to...

Bitcoin Risks Losing $77.7K as Recent Buyers Turn Underwater
Bitcoin Risks Losing $77.7K as Recent Buyers Turn Underwater

Bitcoin’s short-term outlook is being clouded by a key on-chain level that previously acted as support and may now flip into resistance. According to analytics from CryptoQuant, BTC is trading...

Bitcoin price threatens $77.7K support loss with recent buyers underwater
Bitcoin price threatens $77.7K support loss with recent buyers underwater

Bitcoin fell below the realized price of the one-to-three-month-old buyer cohort in a move that risked flipping it to new resistance.

Bitcoin price defends $76K lows as analysts see stocks pricing in ‘political gridlock’
Bitcoin price defends $76K lows as analysts see stocks pricing in ‘political gridlock’

Bitcoin made modest gains at the start of Wall Street trading on Tuesday as markets awaited cues from the US midterm elections.

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