FeesSafety
Pluang+

Bitcoin drops 5% to $76,300, erasing gains from post-election rally

Market News
07 Nov 2026, 04:18 WIB
Tokenpost
View Source
Bearish
Bitcoin drops 5% to $76,300, erasing gains from post-election rally

Bitcoin fell about 5% within 24 hours to trade at $76,300, reversing its 4% gain from the previous day. This volatility follows the recent U.S. midterm elections, which have not provided a clear direction for Bitcoin's price movement. Investors remain cautious as the market shows no consistent trend after the election results.

Bitcoin's recent price movement is shown here with Pluang's market data for context. Of 50 major cryptocurrencies priced on Pluang, 37 rose and 12 fell today. Notable gainers include XTZ at Rp4.863 (+7.21%), ZIL at Rp32 (+6.16%), and THETA at Rp2.715 (+4.95%). This snapshot is as of Nov 07, 2026 09:21 WIB.

More News

Bitcoin price rises above 77,000 USDT with a 4.34% intraday gain on Nov 6

Bitcoin price rises above 77,000 USDT with a 4.34% intraday gain on Nov 6

On November 6, Bitcoin's price surpassed 77,000 USDT on the Bitget exchange, reaching 77,010 USDT. This marked an intraday gain of 4.34%, indicating a notable upward movement in the cryptocurrency's value. The rise reflects growing investor interest ...

Market News
Bullish
5 hours ago
Crypto liquidations hit $1 billion as Bitcoin and Ether prices drop sharply amid forced position closures.

Crypto liquidations hit $1 billion as Bitcoin and Ether prices drop sharply amid forced position closures.

Bitcoin fell to $75,568 and Ether dropped to $2,237, triggering forced liquidations of leveraged positions totaling about $1.033 billion over 24 hours. Most liquidations were long positions, indicating many traders bet on price rises but were caught ...

Market News
Bearish
5 hours ago
Allstate posts strong quarter, confirming turnaround with profitable auto and home segments.

Allstate posts strong quarter, confirming turnaround with profitable auto and home segments.

Allstate reported a strong second quarter, signaling that its business turnaround is complete. The company’s premium growth remains cautious due to conservative underwriting, but both its Auto and Homeowners insurance lines are highly profitable, mai...

Company Fundamentals
Bullish
5 hours ago
Sky ecosystem to enable cross-chain USDC transfers with Nov 19 upgrade linking Ethereum and Base

Sky ecosystem to enable cross-chain USDC transfers with Nov 19 upgrade linking Ethereum and Base

The Sky ecosystem plans a Nov. 19 upgrade to connect Osero’s liquidity layer on Ethereum and Base, enabling cross-chain USDC transfers. The upgrade activates Circle’s Cross-Chain Transfer Protocol on both networks, sets transfer limits, and adds a Ga...

Protocol Fundamentals
Bullish
5 hours ago
Blockstream favors Falcon-1024 for Bitcoin's quantum-proof upgrade but flags key deployment challenges.

Blockstream favors Falcon-1024 for Bitcoin's quantum-proof upgrade but flags key deployment challenges.

Blockstream Research's recent paper identifies Falcon-1024 as the leading lattice-based signature scheme for quantum-proofing Bitcoin due to its compact size and efficient verification. However, significant hurdles remain, including high memory deman...

Protocol Fundamentals
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App