---
title: "Bitcoin rebounds past $80,000 as markets shrug off midterms and Binance hack"
url: https://thecoingazette.com/bitcoin-rebounds-past-80000-as-markets-shrug-off-midterms-and-binance-hack/
date: 2026-11-04
modified: 2026-11-04
lang: en
author: "Coin Gazette Editorial"
description: "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."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 23
---

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

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.