Bitcoin has stabilized at around $68,000 as the U.S. presidential election approaches, following a brief spike to $70,000 earlier this week. Analysts highlight a potential accumulation phase at $67,500, which could set the stage for future price increases. The recent slight pullback is considered normal and consistent with typical market behavior after such breakthroughs, according to analysts from various exchanges. Over the last 24 hours, about $30 billion worth of Bitcoin has been traded. Looking ahead, traders are focused on upcoming economic reports, including personal spending data scheduled for release on Halloween and a jobs report soon after, as well as the Federal Reserve's interest rate decision on November 7, which will follow the election. Current polling shows Vice President Kamala Harris slightly ahead of former President Donald Trump, impacting market sentiment as traders weigh political developments against economic indicators.

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