Bitcoin (BTC) Price: Fidelity and BlackRock ETFs Split as BTC Returns Above $80K

TLDR Bitcoin traded near $80,320 on November 5, up more than 3% in 24 hours. BTC had dropped toward $75,600 during the U.S. midterm election results. Spot Bitcoin ETFs took in $74.6 million on November 4, ending three days of outflows. Fidelity’s FBTC drew $236.7 million while BlackRock’s IBIT lost $201.2 million. About $378 million in short positions were liquidated within one hour. Bitcoin (BTC) traded near $80,320 on November 5, up more than 3% over 24 hours. The move came after the price slipped toward $75,600 as U.S. midterm election results came in on November 3.