Crypto
Bitcoin dips and recovers after the midterms
Bitcoin briefly fell below $76,000 as election results came in, wiping out about $160 million in long positions within an hour, then climbed back above $78,000.
Bitcoin briefly fell below $76,000 as election results came in, wiping out about $160 million in long positions within an hour, then climbed back above $78,000. Ethereum followed a similar path.
The story dates from and ran in The Pit Report for Nov 4, 2026. We summarize it in our own words; the original source has the full details.
Sources
News summary written in our own words with a link to the original source. Not financial advice. Not affiliated with Robinhood. Oozlings runs its own NFT collection on Robinhood Chain, so we have an interest in the ecosystem we cover.