Bitcoin set for fifth straight weekly loss as midterms and Apple warning weigh on markets
AI summary
Bitcoin is heading toward a fifth consecutive weekly loss, which would tie its joint third-longest losing streak on record. The decline comes as oil rebounds and Apple's margin warning add to investor caution ahead of the U.S. midterm elections. A fifth straight red week reinforces the bearish momentum traders are watching, with macro and equity-market jitters weighing on crypto risk appetite.
