Bitcoin Surges Over 4% Amid Stock Recovery Post-US Midterms
Bitcoin rebounded more than 4% to surpass $81,000, following a broader recovery in financial markets after the US midterm elections. Despite this, Democratic control of Congress poses risks to crypto-friendly legislation and may increase regulatory scrutiny. Investors remain cautious, considering political uncertainty, Treasury yields, and the pace of institutional adoption in the cryptocurrency sector.
ET Markets·



