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Bitcoin falls below $77,000 amid ETF outflows, tech stock weakness, and U.S. election uncertainty

Market News
03 Nov 2026, 08:40 WIB
Crypto news
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Bearish
Bitcoin falls below $77,000 amid ETF outflows, tech stock weakness, and U.S. election uncertainty

Bitcoin's price dropped 2.19% to $76,455 on November 3, pressured by $398.6 million in U.S. spot Bitcoin ETF outflows, ongoing leveraged liquidations totaling nearly $89 million, and declines in global tech stocks. The sell-off follows a major Binance security breach and investor caution ahead of the U.S. midterm elections. Technical indicators show weak momentum with key support near $76,400; a break below could lead to further declines, while resistance lies around $78,000 and $79,500. Market participants remain watchful of upcoming U.S. economic data and election results for direction.

Bitcoin price movement is the subject, with Pluang market context provided for November 3, 2026. For readers following cryptocurrency markets, of 50 major cryptocurrencies priced on Pluang, 6 rose and 43 fell as of 13:31 WIB. Notable movers include ONE with a 1-day change of -5.24% and a Pluang order activity of 95% Sell, COTI down 5.17% with 57% Sell activity, and BAT down 5.04% but with 95% Buy activity.

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