Bitcoin
Crypto Prices Today: Bitcoin Climbs to USD 80,400 as Midterm Clarity Sparks Short Squeeze
Prateek Gupta, Head of Business, Mudrex “Bitcoin has moved back above USD 80,000, gaining around 3% after Democrats secured control of both chambers of the US Congress. The rebound triggered nearly USD 330 million in short liquidations within an hour. Bitcoin needs to break USD 82,000, with USD 78,000 as key support.” CoinSwitch Markets Desk “BTC crossed USD 81K as a broader rally across crypto and equity markets followed the US midterm elections. BTC's open interest also rose 1.61%, suggesting fresh market participation. USD 80K remains as a crucial level for sustaining bullish momentum, with USD 79K acting as the...
Analytics Insight2 min read
