Live news: Bitcoin faces fifth weekly loss as midterm uncertainty and apple warning weigh on markets

Key points

• Bitcoin is heading toward a fifth consecutive weekly decline, matching its joint third-longest losing streak on record.
• Market sentiment is being weighed down by rising oil prices alongside a margin warning from Apple.
• Additionally, investor caution is growing ahead of the upcoming United States midterm elections, contributing to broader weakness across the cryptocurrency and financial markets.

Summarized automatically by Kryptokite from reporting by CoinDesk. Read the original sources for full detail.