Bitcoin Rebounds Above $80,000 as Official Trump (TRUMP) Falls 15%
Photo: TokenPost
Bitcoin (BTC) climbed above $80,000 early Thursday after sliding to a seven-week low following the U.S. midterm results, leading a broad recovery in crypto prices. BTC touched $81,000 during the rally and remained above $80,000 at 4:48 a.m. ET (09:48 UTC). Short positions worth $380 million were liquidated within an hour as prices surged. Bitcoin’s market capitalization rebounded to $1.61 trillion, while its share of the crypto market moved above 60%. Official Trump (TRUMP) fell another 15% over 24 hours after reaching a three-month low Wednesday. Ether (ETH) climbed above $2,400, and XRP rose to $1.32.
Source: TokenPost
