Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Bitcoin Reverses Election-Night Losses to Gain -- WSJ

Bitcoin Reverses Election-Night Losses to Gain -- WSJ

Dow JonesDow Jones2026/11/04 08:31

By WSJ Staff

Bitcoin and other cryptocurrency prices are rising, reversing an earlier slide that began when traders became increasingly confident Democrats would retake the Senate.

-- Bitcoin traded as low as $75,633 today, before wiping all its losses to rise above $78,000

-- Ethereum followed a similar pattern

The reversal mirrors moves in other risk assets. Stock futures initially fell sharply before rebounding in the early hours of Wednesday.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

November 04, 2026 03:31 ET (08:31 GMT)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries

A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.

华尔街见闻•2026/11/09 10:26
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries