All eyes are on elections in the U.S. as the crypto market trades sideways

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All eyes are on elections in the U.S. as the crypto market trades sideways
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Bitcoin BTC Bitcoin crypto All eyes are on elections in the U.S. as the crypto market trades sideways

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Data from TradingView shows that Bitcoin bulls had to recover from an early morning onslaught by bears that dropped the top crypto to a daily low of $20,590 before staging a recovery back above support at $20,700, where the battle for control is now taking place.

As far as what to expect around the midterms, the CIO noted that “Historically, risk markets have been virtually flat until after midterms where there's been a rally. While this year is obviously more of the exception than the rule, we wouldn't be surprised to see something similar.

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