The Bitcoin price jumped above $80,000 on Wednesday, November 4, 2026, one day after Democrats won both chambers of the US Congress and handed Donald Trump a clear defeat. At 20:26 UTC, Bitcoin cost $80,159 according to CoinGecko, 3.2 percent more than 24 hours earlier, after an election-night low of $75,618 on Bitstamp and a day high of $81,004. The move came with a rally on Wall Street, a slide in oil on hopes for an end to the Iran war, and $378 million in short liquidations within one hour.
Bitcoin above $80,000: the key points
- Price: first above $80,000 at 15:05 UTC, 35 minutes after the Wall Street open; CoinGecko's day high is $81,004.
- Drivers: WTI crude below $93 a barrel, the Dow up 1,511 points at 20:00 UTC, short sellers forced out.
- Liquidations: $378.09 million in shorts in one hour, 81 percent of all forced closures in that hour.
- ETF money: about $1.16 billion left the US spot funds in the three sessions before the result.
- Selling zone: Bitfinex sees potential sellers between $84,000 and ...
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