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Bitcoin May Stay Above $80K

Bitcoin rose 5.7% to around $80,484, while Ether gained 8% as crypto markets recovered after the U.S. election. Zcash led major crypto gains, jumping nearly 12%. The market rebound is attributed to lower oil prices, a weaker dollar, and hopes for an end to the Iran conflict. The article suggests that crypto stocks and altcoins may benefit from the market rebound, but uncertainty over U.S. crypto laws could limit further gains.

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