Bitcoin rebounds toward $78,300 after midterm dip as DeFi leads gains

Briefing by News4U · First published

According to CoinDesk, bitcoin rose around 1.3% to $78,300 since midnight UTC on Wednesday, recovering from a dip to around $75,600 near 03:00 UTC as U.S. midterm results showed Democrats winning control of Congress. Ether gained about 2% and the CoinDesk 80 Index advanced 2.3%, while CoinDesk’s DeFi Select Index rose around 5%, with injective up about 6.2%. Stock futures turned positive early Wednesday after earlier losses, and traders looked ahead to Friday’s U.S. jobs report, CoinDesk reported. [1]

Sources

  1. CoinDesk: Bitcoin BTC$78,184.05 rose around 1.3% to $78,300 since midnight UTC

    CoinDesk · · Excerpt

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