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BTC heads into US midterm showdown: Three things to know in Bitcoin this week

Picture: Cointelegraph

Bitcoin price action held its 100-day moving average into the monthly close as crypto markets braced for US midterm election and tech earnings volatility. Bitcoin (BTC) held above its 100-day moving average on Monday ahead of US midterm elections, jobs data and earnings from Apple and Palantir. Tuesday’s US midterm elections will determine control of Congress, with prediction market traders heavily favoring a Democratic victory in the House of Representatives. Kalshi put the probability of Democrats winning the House at 93.6% as of Monday. President Donald Trump said he would use his veto power if Democrats took control of Congress.

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