---
title: "Bitcoin hits $80.5K as US stocks rally on midterm election results"
url: https://thecoingazette.com/bitcoin-hits-80-5k-as-us-stocks-rally-on-midterm-election-results/
date: 2026-11-04
modified: 2026-11-04
lang: en
author: "Coin Gazette Editorial"
description: "Bitcoin climbed toward $80,500 as risk assets rallied on Democrats’ midterm election gains and oil prices fell."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 17
---

# Bitcoin hits $80.5K as US stocks rally on midterm election results

Bitcoin climbed toward $80,500 as risk assets rallied on Democrats’ midterm election gains and oil prices fell.