Unattributed: Market event

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 CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox.

Evidence boundary

Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.

Sources

• https://cryptoslate.com/bitcoin-rockets-above-80000-for-first-time-since-binance-hack-despite-democrats-sweep-but-a-historical-crash-looms/

Record history

First seen: 2026-11-04T18:20:58.000Z. Last updated: 2026-11-04T22:08:05.738Z. Revision: 1.