Bitcoin edges back toward $77,000 as liquidations jump and midterm voting begins
Bitcoin dipped to about $76,300 in European trading before recovering toward $77,000, leaving it on track for a fifth straight weekly decline, while ether hovered near $2,270. US spot bitcoin ETFs saw $399 million of net outflows on Monday, led by a $405 million exit from BlackRock's IBIT, its largest since June. Crypto liquidations rose 171% to about $383 million over 24 hours as US midterm voting got under way and Brent crude climbed back above $106 after reported US strikes on Iran's Qeshm Island.