Bitcoin Price Rests Near $80,500 as Midterms, Fed Decision Loom

Bitcoin price recovered from an early-morning low near $79,400 to trade around $80,500 on Tuesday, holding above $80,000 ahead of this week’s Fed decision and the November midterms. Bitcoin price traded near $80,500 most of Tuesday, holding above the $80,000 level that has become the market’s line in the sand. Prices ranged between roughly $79,400 and $80,800 over the day, according to Bitcoin Magazine Pro data, and the asset was up about 0.3% over the prior 24 hours by mid-afternoon Eastern time. The steadiness follows a rough stretch.