Bitcoin surges to $78,300 in V-shaped comeback as midterm election uncertainty fades. By Omkar Godbole Updated Nov 4, 2026, 3:37 a.m. (CoinDesk) Riepilogo Mostra Bitcoin rebounded from below $76,000 to trade above $78,000 as analysts said clearer U.S.
Midterm election results eased political uncertainty. Traders bought hundreds of millions of dollars in bitcoin call options, which wager on rising prices, as election-day options block trading more than doubled from the previous day. Markus Thielen, founder of 10x Research, said a momentum indicator suggested bitcoin was oversold and could rebound toward $82,000.
Bitcoin BTC $78.395,10 has erased its early losses and is steaming higher as U.S. The largest cryptocurrency fell just below $76,000 early Wednesday as reports indicated Democrats were winning control of both chambers of Congress, a setback for pro-crypto President Donald Trump.
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