B · Normal
[Bitcoin sell-off eases as crypto traders digest news of overall Democratic victory] Nov. 4 (Xinhua): Bitcoin rebounded from an earlier sell-off after hitting a seven-week low, as investors weighed expectations that the Democratic Party would comprehensively win the U.S. midterm elections and its impact on the cryptocurrency industry. “Bitcoin is rebounding as Trump says he will respect the election results and American voters have voted against the war, and people are now hopeful that peace talks will resume,” said Thielen, head of 10x Research, referring to the war with Iran that broke out in February. “Bitcoin is currently oversold and should rebound.”
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