Live news: Bitcoin faces fifth weekly loss as midterm uncertainty and apple warning weigh on markets
Summary
Bitcoin is heading toward a fifth consecutive weekly decline, matching one of its longest losing streaks. Broader market uncertainty, driven by rising oil prices and cautious investor sentiment ahead of the upcoming United States midterm elections, continues to pressure the cryptocurrency.
A fifth straight weekly decline would mark bitcoin’s joint third-longest losing streak, as oil rebounds and Apple’s margin warning adds to investor caution ahead of the U.S. midterms.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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