UPDATED THU 05 NOV · 00:16 UTCLIVE
MarketsHigh

Risk assets rally: BTC reclaims $80k, Apple and Microsoft at records

Bitcoin reclaimed $80,000 while Apple and Microsoft hit all-time highs. Commentators view the midterm result as bullish for markets.

What we know

Coinbase Predict listed BTC above $80k, Apple at $354 and Microsoft at $557. Caleb Franzen flagged MSFT's record close. Charles Edwards cites historical S&P returns for this political configuration. Byzantine General says BTC shorts are offside, while an account on X suggests the bear market bottom was already in, and another account on X notes ETH up 7%.

How the story developed

05 Nov · 00:16 UTC

Bitcoin reclaimed $80,000 while Apple and Microsoft hit all-time highs. Commentators view the midterm result as bullish for markets.

04 Nov · 17:16 UTC

US stocks surged, with the Dow up nearly 3% to a two-month high, Apple hitting a record above $5.1T, and Bitcoin running to $80–81k with $330M of shorts liquidated. Semis and AI stalled amid a rotation debate.

Sources

@coinbase

“Bitcoin reclaimed $80,000. Apple hit a new all time high of $354.”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.