Bitcoin and Ether Rebound as Global Markets Recover After Election
Photo: TokenPost
Bitcoin (BTC) and Ether (ETH) rebounded alongside global markets on Nov. 4 after Democrats took control of both chambers of Congress as US index futures pared earlier losses. Bitcoin climbed back above $78,000 to $78,006, while Ether moved above $2,300 to $2,301. Nasdaq 100 futures were down 0.4%, after earlier falling more than 2.2%. S&P 500 futures lost 0.43%, and Dow futures fell 0.24%. Asian trading also strengthened: the Hang Seng Index rose 0.81%, and South Korea's KOSPI erased an earlier loss of as much as 4%. China's STAR 50 gained more than 5%.
Source: TokenPost
