Bitcoin (BTC) is struggling to find support, slipping below $70,000 as multiple headwinds threaten to push the Crypto King lower. The much-anticipated “Uptober” rally failed to materialize, with persistent selling pressure and widespread liquidations instead reinforcing the “Rektober” narrative, a term describing an October marked by sharp losses rather than the gains traditionally associated with the month.

Ripple (XRP) remains on edge, trading around $1.00 on Friday. The remittance token’s sharp decline has persisted since November 5, initially triggered by the $6.3 billion Binance hack and later accentuated by the United States (US) midterm elections.

Bitcoin’s (BTC) sell-off deepens on Friday, with the spot price below…