CryptoSlate reports that Bitcoin has surged over 5% to exceed $80,000 for the first time since the Binance hack. The cryptocurrency's recovery from a low of around $75,600 occurred despite concerns over a Democratic Congress potentially impacting President Trump's crypto policies. CoinGlass data indicates that this rally resulted in $453.32 million in liquidations. The market's response suggests resilience amid political changes, but uncertainties remain regarding future volatility.
Based on the CryptoSlate report; not independently verified.
Source published: Wed, 04 Nov 2026 18:20:58 +0000
[Read the original report](https://cryptoslate.com/bitcoin-rockets-above-80000-for-first-time-since-binance-hack-despite-democrats-sweep-but-a-historical-crash-looms/)
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