Bitcoin at $78,000 Ahead of the Midterm Elections: The Three Numbers Setting the Week

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Bitcoin began the week between $77,900 and $78,400, up roughly 1% over 24 hours, despite the largest hack in history, which did not break the $76,000 support. U.S. spot Bitcoin ETFs recorded $643 million in outflows on Friday, October 30, their worst day since June 25, while Ethereum ETFs suffered $432 million in withdrawals over the week. October saw $12.5 billion in leveraged positions liquidated, including $9.2 billion in long bets, before an exceptionally quiet Sunday session and a rise in the Fear & Greed Index from 30 to 37. Investors are watching Tuesday’s U.S. elections, Apple’s earnings, Binance’s proof of reserves, and the potential impact of oil-price volatility linked to tensions with Iran.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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