
Nine days to US midterms: bitcoin holds near $80K as polls point to divided Congress
- —Reuters/Ipsos poll: Democrats 47%, Republicans 35%, Trump approval at 31%
- —BTC sell orders and short-term holder cost basis cluster at $85,000–$87,500
- —Average purchase price for spot bitcoin ETF holders is about $81,300
- —Spot BTC ETFs have drawn roughly $6.4 billion in net inflows since August
Why it matters: The election outcome will shape the fate of the CLARITY Act and institutional crypto flows, though Fed policy, oil prices and ETF flows may move BTC more in the near term.
Source: CoinDesk Japan