Bitcoin near $78,600, Ethereum at $2,300 as US midterm results put crypto regulation in focus
Bullish strength: 40/100
- Bitcoin and Ethereum gained 1.87% and 2.41% over 24 hours.
- Strategy purchased an additional 811 BTC worth $65.5 million.
- The global cryptocurrency market capitalization increased 1.81% to $2.62 trillion.
- Election developments could renew efforts to advance the CLARITY Act.
Bearish strength: 60/100
- US spot Bitcoin ETFs recorded $399 million in outflows on Monday, following $643 million in withdrawals on Friday.
- Bitcoin declined 3.73% over the past week.
- Ethereum declined 2.09% over the past week.
- The Fear and Greed Index registered 34, indicating market fear.
- Institutional demand remains weak amid macroeconomic and regulatory uncertainty.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.