Bitcoin Approaches $78,000 in V-Shaped Rebound as Midterm Election Uncertainty Clears
Key Highlights Bitcoin staged a rapid V-shaped recovery to trade at $77,883.88 after sliding below $76,000 amid U.S. midterm election returns. Early market sell-offs followed projections of a Democratic sweep of both chambers of Congress, creating perceived headwinds for pro-crypto legislation. Market analysts attribute the rebound to the resolution of political uncertainty and expectations of ...