Bitcoin crashes 6% to 7-week low as US stocks erase election gains
Bitcoin saw sudden downside at the Wall Street open as stocks witnessed a snap selloff, reversing postelection gains. Source:Cointelegraph
Bitcoin miners are oversold following 35% October rout, VanEck says
Investors dumped AI infrastructure providers across the board in October, treating companies in very different sectors as one monolithic trade. Source:CoinDesk
Bitcoin holds above $80,000 after Wednesday’s jump as injective rallies on staked ETF listing
Bitcoin slipped 0.2% to around $80,250 since midnight UTC, holding above $80,000 after Wednesday’s jump, as spot ETFs ended a threeday outflow streak.…
Live updates: Bitcoin steady around $80,000 as markets rally after Democratic sweep
Ether jumped 4% and crypto ETFs drew fresh money after Wall Street turned higher and Brent crude fell nearly 9%. Source:CoinDesk
Bitcoin win rate vs. S&P 500 recovers as post-midterm history favors stocks
Bitcoin outperformed the S&P 500 in half of the past 90 US trading sessions, while historical midterm data highlights gains for stocks. Source:Cointelegraph
A prolonged war in Iran is the market’s real ‘black swan,’ says this strategist
Alicia Levine, of BNY’s wealth management business, said markets have not priced in the possibility of the war in Iran lasting for a long time.…
Bitcoin, Ether ETFs draw $128M as crypto rebounds after midterms
Fidelity led Bitcoin ETF inflows, while BlackRock’s IBIT shed another $201 million, extending its outflow streak to four trading sessions. Source:Cointelegraph
XRP Ledger fixes a disclosed bug that could have led to the creation of new tokens
The fix went live Wednesday after validator support reset the activation clock in October. XRP itself was unaffected. Source:CoinDesk
Bitcoin holds above $80,000 as Zcash jumps 12% in post-election crypto rebound
Ether rose 8% as falling oil prices and a weaker dollar helped markets recover, even as traders weighed a tougher path for U.S. crypto legislation.…
Trump Media moves $342 million in bitcoin to Crypto.com, blockchain data show
A wallet supposedly linked to Trump Media has made a large BTC transfer to Crypto.com, data tracked by Arkham show. Source:CoinDesk
4 market-moving issues investors should watch now that the midterms are over
The Democrats’ election sweep on Tuesday could have farreaching consequences for markets and the economy. Source:MarketWatch
What Trump can achieve without approval from a Democratic-led Congress
The president will have plenty of power to move markets by himself. Source:MarketWatch