Bitcoin continues to fall toward $75K as Democrats are close

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Bitcoin continues to fall toward $75K as Democrats are close to taking control of the U.S. House

It’s approaching the $73K–$74K range, where demand is expected to come in. If it breaks below that level, the outlook for Bitcoin is quite grim.

Datlele

Tom Lee: The market is more resilient to hacks than before

According to the exec, crypto is now much more resilient to major shocks and remains in an uptrend.
The biggest hack in history, and ETH only fell 4%. In February 2025, Bybit lost $1.5B, and ETH plunged as much as 8% that day and 20% over the following week.
He thinks this is thanks to five main reasons:
• Binance can fully compensate affected customers.
• It didn’t trigger a chain reaction of incidents across DeFi.
• The industry coordinated quickly, helping reduce potential losses by 50%.
• The FBI quickly identified who was behind it.
• The hackers attacked Binance’s internal systems, not a blockchain vulnerability.
Meanwhile, Bitmine also scooped up another 8,573 ETH ($20M), and is still more than 50,000 ETH short of its target of 5% of the total supply.

BTC-6.11%