SteelWater daily crypto read · 5 Nov 2026
Bitcoin rockets back above $80,000 and Ethereum jumps 6% as markets shrug off a full Democratic sweep of Congress and Binance pushes its hack recovery to 98%.
Sentiment 60/100 (Optimistic)
4% in a day, after Tuesday's US midterm elections confirmed Democrats won control of both the House and Senate. 6%, the Dow 3%). 31. Binance also said it has now replaced about 98% of the funds lost in last week's hack, up from 95%, and expanded its public reserve checks to 44 tokens.