Bitcoin Reverses Election-Night Losses to Gain — WSJ

By WSJ StaffBitcoin and other cryptocurrency prices are rising, reversing an earlier slide that began when traders became increasingly confident Democrats would retake the Senate.Bitcoin traded as low as $75,633 today, before wiping all its losses to rise above $78,000Ethereum followed a similar patternThe reversal mirrors moves in other risk assets. Stock futures initially fell sharply before rebounding in the early hours of Wednesday.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).