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Bitcoin dips 2.9% on US election night but recovers half the loss by morning at $76,947.

Market News
04 Nov 2026, 07:23 WIB
CryptoTicker
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Neutral
Bitcoin dips 2.9% on US election night but recovers half the loss by morning at $76,947.

On US election night, Bitcoin's price fell 2.9% from a high of $77,966 to a low of $75,740, reflecting market uncertainty as Democratic control of Congress was projected. By early Wednesday morning, Bitcoin recovered half of the loss, trading at $76,947. The price movement mirrored tech stock futures, which also declined amid election results. Key price levels to watch include the election-night low at $75,740 and the 100-day moving average at $76,663. Investors in Germany should note the tax implications for Bitcoin purchases made in November 2025, as sales after one year become tax-free. Upcoming events like the US jobs report and Senate race outcomes may influence Bitcoin's price further.

Bitcoin price after election night provides context for cryptocurrency market trends. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 04, 2026 12:21 WIB: out of 50 major cryptocurrencies, 27 rose and 21 fell today. Notable movers include LUNC (Terra Classic) at Rp0,733 with a 1-day change of -2.02% and Pluang order activity showing 42% Sell / 58% Buy, COMP (Compound) at Rp356.322 down 1.96%, and CRV (Curve DAO Token) at Rp4.677 down 1.83%.

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