Bitcoin has climbed back above $80,000 after Democrats won control of both the House and the Senate in the US midterm elections. The price briefly fell to a six-week low as results came in, t
Bitcoin has climbed back above $80,000 after Democrats won control of both the House and the Senate in the US midterm elections.
The price briefly fell to a six-week low as results came in, then bounced to around $78,350 early on Wednesday, 4 November. It later moved back above $80,000, taking it above its 50-day average price. Ether rose about 7% to around $2,434, and nearly every one of the top 100 tokens by market value was up on the day.
