What is Happening to Bitcoin Price? Inside the Shocking 48 Hours
Bitcoin's post-midterm rally lasted barely a day, with the price climbing above $80,800 on Tuesday before falling toward $75,500 on Thursday, November 5. The reversal coincided with Wall Street's worst tech stock selloff in months, which exposed how fragile Bitcoin's recovery had become. Traders should note that the roughly $5,300 swing shows BTC remains tightly correlated to risk assets and vulnerable to equity-market shocks.