Bitcoin Price Stalls at $80K as US Midterm Election, Fed Jitters Mount

Bitcoin Price Rests Near $80,500 As Midterms, Fed Decision Loom

Bitcoin price recovered from an early-morning low near $79,400 to trade around $80,500 on Tuesday, holding above $80,000 ahead of this week’s Fed decision and the November midterms.

Bitcoin Price Stalls at $80K as US Midterm Election, Fed Jitters Mount

Bitcoin remains rangebound near $80,000 after repeatedly facing resistance at $80,500, setting up October for potential net losses and spoiling what some traders hoped would be another positive “Uptober.” Pre-Election Caution and Macro Headwinds Weigh on Sentiment For the second consecutive day, bitcoin traded largely flat, repeatedly failing to break above the $80,500 resistance level […]