Bitcoin initially dropped below $76,000 following reports of a Democratic sweep in Congress but quickly recovered its losses within hours. The market reaction was influenced by the potential impact of the CLARITY Act, which aims to clarify regulatory rules for digital assets but has stalled in Congress. Investors are watching the bill's progress before the new Congress convenes in January 2027, as well as significant outflows from Bitcoin ETFs exceeding $1 billion around the election period. Analyst Markus Thielen projects Bitcoin could rebound to $82,000 soon, with a year-end target of $90,000, though dips into the mid-to-high $70,000s remain possible.
Bitcoin trades at Rp1.413.180.884 on Pluang, showing a 1.59% gain as of Nov 04, 2026 13:31 WIB. This positive movement aligns with the article's mention of Bitcoin's quick recovery after dipping below $76,000. On Pluang, Bitcoin's market cap stands at Rp28.303,53 trillion with a 24-hour trading volume of Rp486,47 trillion, reflecting strong investor activity despite recent regulatory uncertainties.
Bitcoin and five other major cryptocurrencies saw price gains over 24 hours, with Bitcoin up 1.42% to $77,858 and Ether rising 1.79% to $2,291. Despite these gains, the total crypto market capitalization fell by 1.21% to $2.63 trillion, indicating mi...
Bitcoin dropped below $76,000 for the first time since mid-September, triggering nearly $250 million in leveraged position liquidations. The selloff was driven by $398.6 million in outflows from US spot Bitcoin ETFs, especially BlackRock's IBIT fund,...
LayerZero surged 9.26% to $1.86, leading gains among the top 90 cryptocurrencies by market cap, excluding stablecoins. Other notable gainers included Pump.fun, Lighter, Venice Token, and Midnight, while Bitway experienced the largest drop at 8.71%. B...
Bitcoin's price fell 1.60% within an hour to $75,855 as of Nov. 3, reflecting a $1,233 decline from the previous hour and a 1.31% drop over 24 hours. The market saw significant long liquidations totaling $33.55 million across major exchanges Binance,...
Bitcoin's sharp rallies have become less frequent due to institutional call-option selling and profit-taking by large holders, yet a price of $90,000 by the end of 2026 is projected. Market sensitivity to Wall Street strategies and macroeconomic news...
