Bitcoin climbed to $78,354 after US midterm elections gave Democrats control of Congress, easing political uncertainty. Despite this rebound, institutional investors withdrew $1.16 billion from spot Bitcoin ETFs over three sessions, signaling ongoing selling pressure. Bitcoin now faces resistance near $80,000, with potential to reach $82,000 if it sustains gains above $78,000. Market watchers remain cautious due to high Treasury yields and tech stock weakness that could hinder further recovery.
Bitcoin trades at Rp1.423.392.381 on Pluang as of Nov 04, 2026 19:02 WIB, showing a 1.60% gain in the past day. This rise aligns with the news of Bitcoin reclaiming $78K after the US midterms, though Pluang data shows a balanced order activity with 42% selling and 58% buying. The typical hold time of 112 days on Pluang suggests investors are maintaining positions despite the recent volatility.
US-listed spot Bitcoin ETFs experienced $115.6 million in net outflows on November 3, following larger withdrawals earlier in the week, totaling about $514.2 million in early November. Despite these outflows, Bitcoin's price recovered from a dip to a...
Bitcoin's price increased by 2.43% within four hours, reaching $78,016 on Binance's BTC/USDT spot market as of 2 a.m. ET on November 4. This rise extends a 24-hour gain of 1.83%, highlighting continued positive momentum for the largest cryptocurrency...
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...
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,...
