Bitcoin Price Heads Lower as Apple Earnings, US Midterms Weigh on Stocks

Bitcoin Price Heads Lower as Apple Earnings, US Midterms Weigh on Stocks

Bitcoin price analysis expects a drop to local support at $76,000 as risk assets stay nervous over tech earnings and the US midterm elections.

Bitcoin Price Tests $76,850 Support as US Midterm Odds Favor Democrats

Bitcoin is caught between a fragile $76,850 support test and overhead liquidity stacked above $82,000 as U.S. voters prepare to elect a new Congress. The four-hour chart shows BTC struggling to regain its October highs, while prediction markets favor a Democratic sweep ahead of the November 3 midterms. Bitcoin traded at $77,158.01, down 0.47% at […] Read The Full Article Bitcoin Price Tests $76,850 Support as US Midterm Odds Favor Democrats On C…

Bitcoin May Be Underestimating a Democratic Midterm Victory, Hilbert CIO Warns

TL;DR: Prediction markets assign a 94% probability to Democrats taking control of the House of Representatives, projecting 235 seats versus 186 for Republicans. Options contracts show that five-delta puts are trading at a 13-point premium over at-the-money volatility, compared to just two points for call options. Binance recorded net outflows of approximately $3.5 billion following ...

Bitcoin has not priced in potential Democratic midterm victory, Hilbert CIO warns

Hilbert Group's Russell Thompson sees election risks as Bitcoin tests $77,000 support following the Binance hack.