GBTC is trading at $62.21 (+3.63%) as Bitcoin recovered after election results clarified and uncertainty eased.
- Bitcoin first fell amid election-related selling before rebounding as results became clearer.
- Reports also linked the recovery to a broader rebound in risk assets; U.S. equities posted broad gains.
- A narrower-than-expected trade deficit modestly supported risk appetite, though reporting points most directly to fading election uncertainty.