๐จ BREAKING: Bitcoin Rebounds to $78K After US Midterms โ Is the Worst Already Priced In?
๐ $BTC fell to about $75,600 overnight, its lowest in roughly seven weeks, as results showed Democrats winning both the US House and Senate.
๐ It then recovered to about $78,300 in a V-shaped move, and traders bought roughly $230M of Bitcoin call options betting on a rebound (CoinDesk).
๐๏ธ The worry: a Democratic Congress may prioritize investigations over crypto legislation, and the CLARITY Act is already frozen. Some analysts say much of this was priced in.
โ ๏ธ Spot Bitcoin ETFs still lost $115.56M on Nov 3, and BTC remains about 41% below its October 2025 record above $122,000.
โ ๏ธ High volatility. DYOR. Not financial advice.
#Bitcoin #BTC #Midterms #BinancePick #CryptoNews
๐ $BTC fell to about $75,600 overnight, its lowest in roughly seven weeks, as results showed Democrats winning both the US House and Senate.
๐ It then recovered to about $78,300 in a V-shaped move, and traders bought roughly $230M of Bitcoin call options betting on a rebound (CoinDesk).
๐๏ธ The worry: a Democratic Congress may prioritize investigations over crypto legislation, and the CLARITY Act is already frozen. Some analysts say much of this was priced in.
โ ๏ธ Spot Bitcoin ETFs still lost $115.56M on Nov 3, and BTC remains about 41% below its October 2025 record above $122,000.
โ ๏ธ High volatility. DYOR. Not financial advice.
#Bitcoin #BTC #Midterms #BinancePick #CryptoNews
