Bitcoin price at $76,947: after election night, the $75,740 low is the line to watch

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.By Wednesday morning, Bitcoin had recovered half of its US election-night slide and stood at $76,947. Which levels matter now, and why purchases from November 2025 become tricky for German taxpayers this week.Add as a preferred source on GoogleFollow on Google NewsBitcoin was trading at $76,947 shortly before 6 a.m. on Wednesday morning, equivalent to 68,416 euros, according to CoinGecko. That means the cryptocurrency has recovered half of its US election-night slide: from Tuesday evening's high of $77,966 at 10:45 p.m., the price fell to $75,740 by 4:10 a.m. Five minutes later, CBS News called the House of Representatives for the Democrats, and the Senate followed shortly after 5:30 a.m. Since the low, Bitcoin has regained just over $1,200. For the day ahead, the election-night low of $75,740 is the level that will show whether the market has digested the result. Above it sits the 100-day moving average at $76,663, which Bitcoin had already dropped to on Tuesday morning. This a...