
Bitcoin price defends $76K lows as analysts see stocks pricing in ‘political gridlock’
Bitcoin made modest gains at the start of Wall Street trading on Tuesday as markets awaited cues from the US midterm elections.
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Bitcoin made modest gains at the start of Wall Street trading on Tuesday as markets awaited cues from the US midterm elections.
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Crypto groups spent about $176 million ahead of the US midterms, with control of Congress and the future of crypto legislation at stake.
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Moscow Exchange plans to launch crypto trading on Dec. 1 under Russia’s new law, with annual purchase limits for non-qualified investors.
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The proposed issuance cut would prevent 11.8 million NEAR from entering circulation over two years, worth about $45 million at today’s price.
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Binance led exchanges in 24-hour net inflows, reversing Monday’s heavy outflows as it restored access to funds after its $6.3 billion hack.
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The National Assembly postponed the vote on the budget’s revenue section for the second time, while the Nov. 17 deadline for the first reading examination nears.
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Bitcoin fell below the realized price of the one-to-three-month-old buyer cohort in a move that risked flipping it to new resistance.
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ARK Invest added Coinbase and Circle shares across two trading sessions while selling about $8 million in Bullish as crypto stocks declined.
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Crypto.com also took steps to block funds tied to the suspected theft, while Kraken said its systems and customer accounts were not compromised.
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BlackRock’s Bitcoin ETF shed $405.3 million on Monday as US spot Bitcoin funds opened November with nearly $399 million in net outflows.
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