Bitcoin
Bitcoin Tops $81,000 After Midterm Dip, Squeezing Short Sellers
Unchained·November 4, 2026·1 min read
Bitcoin slid to about $75,600 during midterm results, then climbed past $81,000 on Wednesday, forcing out hundreds of millions of dollars in bets against crypto. The sharp recovery squeezed short sellers, who had positioned for further declines, as Bitcoin's price rebounded strongly following the initial dip.
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