Bitcoin Makes a Sharp Reversal from $75,600: DeFi Tokens Lead the Rise! Here Are the Details
Photo: Bitcoin Sistemi
Bitcoin, which fell to $75,600 following the US election results, quickly recovered its losses, while the DeFi index rose by approximately 5 percent. Bitcoin experienced a V-shaped recovery after initially falling to around $75,600 following the initial impact of the US midterm election results. Volatility increased significantly as the market attempted to price in how the Democrats gaining a majority in both houses of Congress would affect cryptocurrency regulation. Bitcoin rose approximately 1.3% in after-midnight trading on November 4th, returning to the $78,300 level.
Source: Bitcoin Sistemi
