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Bitcoin rebounds past $80,000 as markets shrug off midterms and Binance hack

By Jason Shubnell

Bitcoin rose 3.5% to $80,500 and ether jumped 6% after Democrats won Congress, while Bitwise says the Binance hack had limited market impact.

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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.

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