Markets· ★★★★· bearish·

Bitcoin slips below $80,000 ahead of Fed decision and US midterms

  • —Bitcoin bottomed at $79,332 and traded at $80,240, down 2.5% over the week
  • —Spot BTC ETFs bled $635.5 million on Thursday and $137.9 million on Friday
  • —The funds took in $301 million for the week but are down $314 million in October
  • —HashKey sees $75,000 as the next key support if the decline deepens
Why it matters: The Fed decision and US midterms will drive risk appetite, and holding $82,000 is needed to keep the bull case intact.
#BTC
Source: Cryptonews.net
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