What is Happening to Bitcoin Price? Inside the Shocking 48 Hours
Bitcoin’s election rally lasted barely a day. After climbing above $80,800 following Tuesday’s US midterms, the cryptocurrency plunged toward $75,500 on Thursday, November 5. The reversal came as Wall Street suffered its worst tech stock selloff in months, exposing how fragile Bitcoin’s recovery had become. Why Did Bitcoin Reverse So Quickly? Wednesday’s gains followed a The post What is Happening to Bitcoin Price? Inside the Shocking 48 Hours appeared first on BeInCrypto.
Key Takeaways
- Bitcoin’s election rally lasted barely a day.
- After climbing above $80,800 following Tuesday’s US midterms, the cryptocurrency plunged toward $75,500 on Thursday, November 5.
- The reversal came as Wall Street suffered its worst tech stock selloff in months, exposing how fragile Bitcoin’s recovery had become.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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