Bitcoin price defends $76K lows as analysts see stocks pricing in ‘political gridlock’

Bitcoin made modest gains at the start of Wall Street trading on Tuesday as markets awaited cues from the US midterm elections. Bitcoin (BTC) headed higher at Tuesday’s Wall Street open as a tech-stock rebound under the shadow of uncertainty surrounding the US midterm elections. Data from TradingView showed BTC/USD circling $77,000, continuing to retain local lows near $76,300 seen on Friday. Stocks faced conflicting forces at the start of the US trading session.