Bitcoin has stabilized around $68,000 following a test of the $70,000 mark earlier in the week. Analysts are closely observing upcoming economic reports, including personal spending data and a jobs report set to be released next week. This data could serve as a catalyst for Bitcoin's price movement. Currently, Bitcoin is seeing a slight daily increase of 0.8% and remains 0.5% up on the week. Trading volume over the past 24 hours has reached approximately $30 billion. Experts suggest that the current price level may be indicative of an accumulation phase, potentially paving the way for a future price surge. Upcoming reports on inflation and the Federal Reserve's interest rate decision, scheduled shortly after the U.S. presidential election, are anticipated to further influence Bitcoin's price. The election poll results currently show Vice President Kamala Harris slightly ahead of former President Donald Trump, indicating a tight race ahead.

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