Bitcoin
Bitcoin Price Taps $81K After Midterms—But Analysts Warn a Trap Is Set
Bitcoin rebounded from an intraday low of $75,618 to surge past $81,000 for the first time since Oct. 29, climbing nearly 4% on the day to bring its market cap near $1.62 trillion . Key Takeaways Bitcoin rallied over 4% to breach $81,000 on Wednesday after Democrats won control of Congress. Coinglass data showed over $951 million in crypto liquidations, led by $560 million in wiped-out short bets. Bitfinex analysts caution traders are eyeing CPI inflation data as 2026 ETF flows turn negative. Volatile Surge Following Election Night Bitcoin experienced extreme volatility Wednesday, rebounding from a multi-week low to breach...
Bitcoin News7 min read
