Bitcoin Faces Fifth Weekly Loss as US Midterms Weigh In
TL;DR Bitcoin faces more losses as it heads toward a potential fifth consecutive weekly decline, extending its slide from around $87,000 to near $76,500. Uncertainty surrounding the US midterm elections is keeping investors cautious about risk-sensitive assets, including cryptocurrencies. Apple’s warning about rising memory chip costs and pressure on profit margins has added to concerns […]
Key Takeaways
- TL;DR Bitcoin faces more losses as it heads toward a potential fifth consecutive weekly decline, extending its slide from around $87,000 to near $76,500.
- Uncertainty surrounding the US midterm elections is keeping investors cautious about risk-sensitive assets, including cryptocurrencies.
- Apple’s warning about rising memory chip costs and pressure on profit margins has added to concerns […]
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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