Markets1 source
Bitcoin Price Trades Near $77,500 as Midterm Voting Begins
Headline from Bitcoin Magazine
Key points
- Bitcoin traded near the $77,500 level as United States midterm voting got underway.
- The market faced downside pressure following a record $6.3 billion Binance hack and consistent spot ETF capital outflows.
- Broader macroeconomic headwinds also weighed on investor sentiment, including signals of a potential December Federal Reserve rate hike and rising oil prices above $100 amid Iran tensions.
Summarized automatically by Kryptokite from reporting by Bitcoin Magazine. Read the original sources for full detail.
Coins mentioned
Sources
- Bitcoin MagazineBitcoin Price Trades Near $77,500 as Midterm Voting Begins · 3 hours agoRead on Bitcoin Magazine
Story timeline
- Cointelegraph1 min read
Moscow Exchange to launch Bitcoin, Ether and USDT trading in December
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Morning Minute: Tom Lee Calls the Binance Hack Bullish for Ethereum
- Bitcoinist1 min read
Liquid Network Restores Bitcoin Backing After Major Hack
- CryptoSlate1 min read
Bitcoin’s year-end liquidity hopes face a projected $150 billion Treasury cash rebuild
- CoinDesk1 min read
Bitcoin is breaking a midterm election pattern going back to 2014
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