Bitcoin rebounds above $78,000 after a sharp midterm-election dip, with Ethereum and decentralised finance tokens leading the recovery.
Bitcoin fell to around $75,600 early on Wednesday 4 November 2026 as US midterm results pointed to Democrats winning control of Congress, before recovering to about $78,300, according to CoinDesk data. Ethereum climbed to around $2,300, while CoinDesk's DeFi Select Index rose by around 5 percent. Traders are now watching Friday's US jobs report and what a Democratic Congress could mean for crypto regulation. This is a news report, not financial advice.
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