Bitcoin Price Rebounds From $76K Amid Sizable ETF Outflows, Liquidations

Bitcoin experienced volatile trading Tuesday, falling to $76,268 before recovering above $77,700 as investors weighed the fallout from the Binance hack and U.S. midterm election uncertainty. Bitcoin endured a volatile trading session Tuesday as the leading cryptocurrency struggled to regain its footing days after a massive Binance hack triggered a marketwide sell-off. The choppy price action coincided with U.S. midterm elections that could reshape the balance of power in Congress and potentially complicate the Trump administration’s pro-crypto agenda. Market data showed bitcoin initially sliding from above $78,000 to an intraday low of $76,268 amid renewed selling pressure. A subsequent relief rally briefly pushed the cryptocurrency above $77,700 by 9:35 a.m. EST before momentum faded, sending the price back toward $77,200.

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