Bitcoin heads to US midterms as research says dollar ‘closing in’ on a market top

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Bitcoin bulls fail to regain a foothold as BTC stays lower on the Wall Street open, and the U.S. midterms could make things even trickier. (Reporting via WilliamSuberg)

Volatility was expected around the midterms and the Consumer Price Index print for October later in the week.over trading platform FTX added to the market’s cold feet, with commentators wary of unnecessary damage to growth.

“This whole thing is incredibly bad for the industry, and especially for retail,” popular trader and analyst Pentoshi“Retail is the one who pays for it when war is waged. But it can also end up with unintended consequences. Unfortunate to see.”

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