Bitcoin rose past $80,500 at the start of Wednesday’s Wall Street trading session, up more than 4% from a seven-week low, as US stocks gained following Democratic victories in the midterm elections. The excerpt does not establish that the election results caused Bitcoin’s rise.
S&P 500 futures recovered from 7,490 to 7,690 points after an overnight dip. WTI crude fell below $93 a barrel amid hopes for an end to the US-Iran war, but the excerpt reports no agreement to end it.