Bitcoin dipped to a seven-week low of about 75,618 before recovering, with roughly 300 million in 24-hour long liquidations reported across the crypto market. The move coincided with headlines about Democrats winning control of Congress, a political backdrop that some traders are watching closely as they weigh policy implications for digital assets. Price action has since bounced back above the mid-76,000 range.

Is this a dip you're watching closely, or just market noise for you? #BTC

Source: https://cointelegraph.com/markets/bitcoin-bounces-from-7-week-low-under-76k-as-democrats-eye-congress-sweep

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