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Bitcoin rebounds past $80,000 as markets shrug off midterms and Binance hack

The Block·November 4, 2026·1 min read
Bitcoin rebounds past $80,000 as markets shrug off midterms and Binance hack

Bitcoin rose 3.5% to $80,500 and ether jumped 6% after Democrats won Congress, while Bitwise says the Binance hack had limited market impact. Markets shrugged off midterm results and the exchange breach, with crypto assets posting gains as traders focused on the political shift and its potential policy implications.

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