Bitcoin Reclaims $80K as Democrats Sweep the Midterms
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.10 Articles
10 Articles
Bitcoin and Ether recovered after the initial drop that followed the Democrats' dominance in both houses of the US Congress
Bitcoin rockets above $80,000 for first time since Binance hack despite Democrats sweep, but a historical crash looms
Bitcoin surged more than 5% from its election-night low to reclaim $80,000 for the first time since Binance's record hack. The cryptocurrency extended its recovery from approximately $75,600 on Wednesday, shaking off concerns that Democrats' takeover of Congress would undermine President Donald Trump's crypto-friendly agenda. According to CoinGlass data, this rally liquidated $453.32 million in… Read the full story on CryptoSlateUnderstand the c…
Bitcoin Reclaims $80K as Democrats Sweep the Midterms
Bitcoin pushed back above a level that had capped it for two weeks after the Democratic sweep. Short sellers took most of the day’s liquidation losses. Democrats will control both chambers of Congress from January. The CLARITY Act now depends on a narrow lame-duck window or a rewrite under Democratic committee chairs. Bitcoin traded at [...]
Bitcoin Rebounds After Democratic Midterm Sweep, But Crypto Faces Tougher Fight in Washington
Bitcoin bounced back after Democrats won control of Congress, but a stalled market structure bill and heavy industry campaign spending reveal crypto’s exposure to shifting US political power.
The Democrats win the majority in both chambers and Bitcoin reacts with strong price gains. A crypto expert explains the consequences of the change of power now. Source: BTC-ECHO BTC-ECHO
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
