Bitcoin Volatility Builds as Traders Weigh VIX and Election Risks

Bitcoin remained above $80,000 as traders weighed a jump in the VIX, liquidation levels and the recent history around U.S. midterms. The Cboe Volatility Index rose 21.5% to 19.99 on Friday, while it fell the following Monday in 25 of 32 similar cases. CoinGlass reported crypto liquidations of $352.1 million over 24 hours, including $33.8 million tied to AI-chip-linked contracts, mostly long positions. BTC was reported near $80,996, close to an $80,862 long-liquidation-risk level, with leveraged longs also concentrated in ETH. Analysts cited by the article say midterm outcomes show a mixed one-month pattern since 2010, with no reliable direction ahead of the November 3, 2026 vote.