Bitcoin Rebounds Above $80,000 as Crypto Markets Recover From US Midterm Election Selloff
Bitcoin rebounded above $80,000 on November 4, 2026, reversing a sharp selloff triggered by uncertainty surrounding the US midterm elections and renewed pressure across cryptocurrency markets. The world’s largest cryptocurrency climbed as much as 4.2% during Wednesday’s session, briefly exceeding $81,000 after falling to approximately $75,600 earlier in the day. Bitcoin subsequently traded around $80,000–$80,500, recovering much of its election-night decline. The rebound coincided with a broader recovery in US equities as investors reassessed the implications of Democratic gains in Congress. Ethereum also strengthened, rising more than 6% to approximately $2,420, while Solana and XRP registered smaller advances. Despite the recovery, analysts...
