Markets· ★★★· neutral·

Bitcoin stalls near $80K as US midterm elections and Fed decision loom

  • —BTC hovers just below $80,500, up 0.4% in 24 hours, market cap near $1.61 trillion
  • —October is set to end in the red after gains in August and September
  • —Bitcoin liquidations stayed under $20 million versus $56 million a day earlier
  • —Across crypto, $133 million was liquidated: $62 million longs and $70 million shorts
Why it matters: October's close and bitcoin's next move hinge on the Nov. 3 midterms and the Fed decision, both of which will shape regulation and liquidity.
#BTC
Source: Cryptonews.net
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