Bitcoin rises above $80,000 after U.S. midterm results
BROBROK News · Based on reporting by Livecoins ·
Bitcoin moved back above $80,000 even after Democrats won the U.S. midterm elections. Ethereum and several other major cryptocurrencies also posted gains, while some of the weakest performers were Trump-linked assets.
Key points
- BTC gained 4.2% in the last 24 hours, according to the report.
- ETH rose 6.4% over the same period.
- Zcash, Dogecoin, Chainlink and Bitcoin Cash posted double-digit gains.
- More than 120,000 traders were liquidated during the move.
- The biggest losers among the top 100 included TRUMP and WLFI.
Why it matters
The reaction suggests markets may be focusing more on the removal of uncertainty than on the election outcome itself. It also shows how sharp price swings continue to trigger large futures liquidations.
Original headline: “Bitcoin dispara mesmo com derrota do partido de Trump nas eleições de meio de mandato nos EUA”
Read the original on Livecoins
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.