Bitcoin just crashed to a 2-month low overnight — and tomorrow decides everything. 👇
📉 BTC briefly fell below $74K (low $73,510) and now sits near $75,060. ETH got hit harder: -5% to ~$2,128.
💥 $856M in positions liquidated in 24 hours as longs were flushed out.
🏛️ What's driving it: the Democrats' midterm sweep has traders pricing in tougher US crypto rules, with the CLARITY Act stalled — on top of $1.28B fleeing spot BTC ETFs last week, the worst since June.
⏰ The big one is tomorrow: US CPI drops Nov 10 at 8:30 AM ET. A soft print could cool the ~80% December hike odds and spark a bounce. A hot one risks another leg down.
Are you buying this dip — or waiting for CPI first? 👀
#Bitcoin #BTC #Ethereum #CPI #Crypto
Not financial advice. DYOR.
📉 BTC briefly fell below $74K (low $73,510) and now sits near $75,060. ETH got hit harder: -5% to ~$2,128.
💥 $856M in positions liquidated in 24 hours as longs were flushed out.
🏛️ What's driving it: the Democrats' midterm sweep has traders pricing in tougher US crypto rules, with the CLARITY Act stalled — on top of $1.28B fleeing spot BTC ETFs last week, the worst since June.
⏰ The big one is tomorrow: US CPI drops Nov 10 at 8:30 AM ET. A soft print could cool the ~80% December hike odds and spark a bounce. A hot one risks another leg down.
Are you buying this dip — or waiting for CPI first? 👀
#Bitcoin #BTC #Ethereum #CPI #Crypto
Not financial advice. DYOR.
