Bitcoin rockets above $80,000 for first time since Binance hack despite Democrats sweep, but a historical crash looms

Bitcoin surged greater than 5% from its election-night low to reclaim $80,000 for the first time since Binance’s file hack. The cryptocurrency prolonged its restoration from roughly $75,600 on Wednesday, shaking off issues that Democrats’ takeover of Congress would undermine President Donald Trump’s crypto-friendly agenda. According to CoinGlass information, this rally liquidated $453.32 million in…

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