US Democrats Sweep Midterms: Bitcoin Back to $78K, Stock Market Wobbles
Photo: DailyCoin
A historic Democratic sweep in the US midterm elections triggered initial stock market tremors across Asia and Wall Street tech shares. However, Bitcoin quickly reversed early losses, bouncing from $75,700 back toward $78,000 despite ongoing ETF outflows. Stock Markets React as Election Results Roll In The results arrived during Asian trading hours on November 4. AI-related shares fell across the region, Treasury yields dipped, and the dollar weakened. US stock futures dropped sharply before paring losses. Japan’s Nikkei index fell 2,543 points to 60,538.67, breaking below its 200-day moving average.
Source: DailyCoin
