Over $344 Million Liquidated as Bitcoin, Ethereum Continue to Drop

On the day of the U.S. midterms and two days ahead of the latest CPI report, Bitcoin and Ethereum have been rattled. 

Bitcoin’s (BTC) bullish momentum has faded, with the leading cryptocurrency hitting a new weekly low of $19,563.35, according to data from Coingecko.

After staging a modest recovery, Bitcoin now changes hands at around $19,730, down 4.8% over the past 24 hours, suggests data from CoinGecko.

The bearish price action accompanied Bitcoin’s daily trading volume rising 48.54% to…


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