Bitcoin Price Taps $81K After Midterms—But Analysts Warn a Trap Is Set
Bitcoin rebounded from an intraday low of $75,618 to surge past $81,000 for the first time since Oct. 29, climbing nearly 4% on the day to bring its market cap near $1.62 trillion. Volatile Surge Following Election Night Bitcoin experienced extreme volatility Wednesday, rebounding from a multi-week low to breach…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinMarket capitalisation
The total value of a listed company, calculated as its share price multiplied by the number of shares.
It is the usual way to compare the size of public companies.
More about Market capitalisationMore in Bitcoin
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