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Bitcoin dips below $75K amid US election fears, Binance hack fallout, and ETF outflows.

Market News
09 Nov 2026, 07:46 WIB
Crypto news
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Bearish
Bitcoin dips below $75K amid US election fears, Binance hack fallout, and ETF outflows.

Bitcoin fell below $75,000 and Ethereum dropped near $2,100 due to concerns over stricter US crypto regulations following Democratic election wins, the $6.34 billion Binance hack, and significant institutional ETF withdrawals totaling $530 million. These factors, combined with losses in US tech stocks and expectations of a Federal Reserve rate hike, pressured crypto prices to their lowest since August. Market activity remains high despite the sell-off, signaling ongoing investor caution. The outlook depends on regulatory developments and market reactions to upcoming economic data.

Bitcoin's market cap stands at Rp27.033,03 trillion as of Nov 09, 2026 13:02 WIB, with a 1-day price decline of 1.70% on Pluang. Ethereum shows a sharper 1-day drop of 4.73%, trading at Rp38.491.649, while its market cap is Rp4.742,91 trillion. Despite the sell-off, Bitcoin's 24-hour volume remains robust at Rp358,31 trillion, indicating sustained trading activity amid the ongoing market pressures described in the news.

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