ZEC Explodes by 13% Daily as BTC Price Reclaims $78K After Midterm Elections: Market Watch

The US midterm elections expectedly brought a new wave of fluctuations for bitcoin, whose price dumped to a new seven-week low before it rebounded by almost $3,000. With the political uncertainty now out of the way, most altcoins have turned green, led by ZEC’s major breakout above $1,300. XRP, ETH, and HYPE are also in the green, and so is NEAR. BTC Reclaims $78K The previous business week also ended with a massively volatile trading session prompted by the largest hack in terms of USD value in crypto history against Binance. As reports started to emerge on Friday morning that the leading exchange was compromised for an unprecedented $6.3 billion, BTC’s price dived from $81,000 to a multi-week low of $76,400.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CryptoPotato.