4 reasons why Bitcoin price is not trading above $70K Bitcoin’s path to $70,000 hinges on lower interest rates, the US election outcome, boosted BTC miner profits, and strong spot ETF demand.

Investors are cautious amid global economic uncertainty. While Bitcoin has established itself as a top-10 global asset by market cap, ranking alongside giants like TSMC, Berkshire Hathaway, Tesla, and Walmart, there are reasons for investors to not be “all in.” Traditional assets are delivering steady returns and fixed income yields 4.7% so the motivation to shift toward Bitcoin remains limited. As a result, investors may be choosing to wait for additional signals from the broader markets before committing to a $70,000 price target. #USJoblessClaimsDip #CryptoPreUSElection #tinytick