Bitcoin Holds 100-Day MA Amid US Midterm Election Volatility
Bitcoin's price action remains steady above its 100-day moving average as markets brace for US midterm election and tech earnings volatility.
Bitcoin's price action remains steady above its 100-day moving average as markets brace for US midterm election and tech earnings volatility. Bitcoin (BTC) is trading at ₹74,05,025 ($77,880.00). This is an original Token Times brief based on reporting by Cointelegraph, with live market data added, as of Mon, 02 Nov 2026 11:15:01 UTC.
The 100-day moving average is a key technical indicator that traders use to gauge market momentum and potential trend reversals. Holding this level could signal continued investor confidence despite external uncertainties.
- Bitcoin maintains support at its 100-day moving average.
- US midterm elections and tech earnings could drive market volatility.
- Bitcoin's price remains near $38,000 with a market cap of $1.57T.
- Bitcoin's Midterm Election Pattern Resurfaces Amid Flat Market
- Bitcoin Holds 100-Day MA Amid US Midterm Election Volatility — this brief
Bitcoin's price has maintained its position above the 100-day moving average, a key technical indicator, as the monthly close approaches.
The cryptocurrency market is preparing for potential volatility due to the upcoming US midterm elections and major tech earnings reports. These events could influence investor sentiment and trading behavior across risk assets.
Despite the anticipation of volatility, Bitcoin's price has shown resilience, staying near the $38,000 level. This stability could indicate underlying strength in the market or cautious trading behavior from investors.
The broader crypto market cap stands at $2.68 trillion, with Bitcoin's market cap accounting for approximately $1.57 trillion. Bitcoin's 24-hour price change is -0.13%, and it has declined by 2.67% over the past week.
The current Fear & Greed Index reading of 37 indicates a 'Fear' sentiment among investors, suggesting that market participants remain cautious amid the uncertain macroeconomic environment.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from ₹74,10,824.66$77,941.00 to ₹74,05,024.63$77,880.00 — -0.08%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin reach $80,000 in November?
Crowd-implied probability on Polymarket, ₹33.50M 24h volume, resolves Dec 1 — snapshotted when this brief published (Nov 2 10:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.16M (about $77,880.00), down 0.1% over 24 hours. The rupee itself trades about 10.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitcoin Holds 100-Day MA Amid US Midterm Election Volatility — questions & answers
What is the significance of the 100-day moving average?
The 100-day moving average is a key technical indicator that traders use to assess market momentum and potential trend reversals.
How might the US midterm elections affect Bitcoin?
The US midterm elections could introduce policy changes and economic uncertainty, potentially impacting investor sentiment and Bitcoin's price.
What is the current state of the crypto market?
The total crypto market cap is $2.68 trillion, with Bitcoin's price at $38,941 and a market cap of $1.57 trillion.
How much is 1 Bitcoin worth in rupee today?
About ₹8.16M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $77,880.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.08% since this brief first published — trading at ₹74,05,025 ($77,880.00) now versus ₹74,10,825 ($77,941.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Cointelegraph. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.