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…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinFederal Reserve
The central bank of the United States, which sets US interest rates and supervises banks.
Because the dollar is used worldwide, its rate decisions affect borrowing costs and markets in many other countries.
More about Federal ReserveMore in Bitcoin
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