Bitcoin slips to over 1-mth low of $77.3k as U.S. midterm caution weighs
Investing.com-- Bitcoin slid to an over one-month low on Tuesday, extending recent declines as uncertainty over the U.S. regulatory outlook after the midterm elections saw traders steer clear of cryptocurrencies.
Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list »
Broader crypto prices also fell, as markets were still left reeling by an over $6 billion theft of Binance's crypto holdings late last week. Binance resumed withdrawals at a staggered pace this week, and said it will cover all customer losses.
Bitcoin slipped 0.7% to $77,333.9 by 09:50 ET (14:50 GMT). The world's largest crypto was at its lowest level since early-September, and was nursing an over 6% loss in October.
Bitcoin was also pressured by a sharp outflow from spot exchange-traded funds on Monday, as institutional investors reacted to the Binance hack.
A broader rout in technology stocks also pressured crypto, as risk appetite soured in the face of increasing anxiety over stretched spending on artificial intelligence.
$IDOL
$AGT
$BMT
Investing.com-- Bitcoin slid to an over one-month low on Tuesday, extending recent declines as uncertainty over the U.S. regulatory outlook after the midterm elections saw traders steer clear of cryptocurrencies.
Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list »
Broader crypto prices also fell, as markets were still left reeling by an over $6 billion theft of Binance's crypto holdings late last week. Binance resumed withdrawals at a staggered pace this week, and said it will cover all customer losses.
Bitcoin slipped 0.7% to $77,333.9 by 09:50 ET (14:50 GMT). The world's largest crypto was at its lowest level since early-September, and was nursing an over 6% loss in October.
Bitcoin was also pressured by a sharp outflow from spot exchange-traded funds on Monday, as institutional investors reacted to the Binance hack.
A broader rout in technology stocks also pressured crypto, as risk appetite soured in the face of increasing anxiety over stretched spending on artificial intelligence.
$IDOL
$AGT
$BMT
