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Bitcoin tops $80,000 as US stocks rally after Democrats win Congress control

Market News
05 Nov 2026, 09:31 WIB
Tokenpost
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Bullish
Bitcoin tops $80,000 as US stocks rally after Democrats win Congress control

Bitcoin surged above $80,000, reaching around $80,600, following a strong rally in US stocks after Democrats secured control of both chambers of Congress. The Dow Jones, S&P 500, and Nasdaq all posted significant gains, while gold futures also rose sharply. Crypto-related stocks like Strategy and Coinbase advanced, although some tokens like TRUMP and WLFI declined. This market optimism reflects investor confidence in the political outcome and could influence further gains in digital assets and equities.

Bitcoin's rebound above $80,000 offers context for cryptocurrency market activity on Pluang. For readers following crypto assets, here is Pluang's market snapshot as of Nov 05, 2026 14:01 WIB: Out of 50 major cryptocurrencies priced on Pluang, 41 rose and 8 fell today. Notable movers include THETA at Rp2.875 (+4.93%), UNI at Rp139.056 (+3.98%), and ETC at Rp133.191 (+3.97%).

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