Business

Bitcoin rebounds with stocks despite threat to crypto agenda

Source: ET Markets ·

Bitcoin rebounds with stocks despite threat to crypto agenda

Bitcoin rebounds more than 4% to above $81,000, tracking a broader recovery in financial markets after the US midterm elections. However, Democratic control of Congress threatens to stall crypto-friendly legislation and increase regulatory scrutiny. Investors are also weighing the impact of political uncertainty, Treasury yields and institutional adoption.

Read the full story at ET Markets →

More in Business