FeesSafety
Pluang+

Bitcoin sentiment turns bearish amid U.S. election uncertainty despite price topping $79,000

Market News
04 Nov 2026, 22:10 WIB
Tokenpost
View Source
Neutral
Bitcoin sentiment turns bearish amid U.S. election uncertainty despite price topping $79,000

Bitcoin's social media sentiment has shifted sharply bearish over the past two weeks, with the ratio of bullish to bearish comments dropping below 1, indicating more negative than positive views. This shift is linked to retail investors' concerns about the uncertainty surrounding the U.S. midterm elections. Despite this pessimism, Bitcoin's price briefly surpassed $79,000 on Binance, which could signal a divergence between market sentiment and actual price movement if bearish commentary continues. Santiment notes that such extreme negative sentiment can sometimes precede a price move in the opposite direction, suggesting potential volatility ahead.

Bitcoin's market cap on Pluang stands at Rp29.157,46 trillion as of Nov 05, 2026 03:22 WIB, reflecting strong investor interest despite bearish social sentiment noted in the news. The 24-hour trading volume is high at Rp708,18 trillion, with a majority of Pluang users (69%) currently buying rather than selling. Bitcoin's price on Pluang is Rp1.454.952.581, up 3.18% in the last day, showing resilience amid mixed market moods.

More News (BTC)

Bitway leads crypto gains with 13.46% rise as 80 of top 90 tokens advance

Bitway leads crypto gains with 13.46% rise as 80 of top 90 tokens advance

Bitway (BTW) surged 13.46% to $1.06, leading the top 90 cryptocurrencies by market cap, excluding stablecoins, with 80 tokens advancing overall. Venice Token, Zcash, LayerZero, and Pump.fun also posted double-digit gains, while World Liberty Financia...

Bullish
5 hours ago
Bitcoin dips to $75,618 before rebounding above $78,000 amid political shifts and $288M crypto liquidations

Bitcoin dips to $75,618 before rebounding above $78,000 amid political shifts and $288M crypto liquidations

Bitcoin briefly fell to $75,618, its lowest in seven weeks, before climbing back above $78,000 as markets reacted to Democrats winning both U.S. Congress chambers and nearly $300 million in crypto long liquidations. The drop forced many traders to cl...

Market News
Neutral
6 hours ago
Bitcoin and Ether rebound as Democrats win US Congress, global markets mostly recover Nov 4

Bitcoin and Ether rebound as Democrats win US Congress, global markets mostly recover Nov 4

Bitcoin rose above $78,000 and Ether surpassed $2,300 on Nov. 4 following Democrats' control of both US Congress chambers, which initially caused market uncertainty. While US futures for Nasdaq, S&P 500, and Dow remained slightly down, Asian markets ...

Market News
Bullish
7 hours ago
Crypto account cuts Bitcoin long by 50 BTC, losing $80K amid $20.84M total losses

Crypto account cuts Bitcoin long by 50 BTC, losing $80K amid $20.84M total losses

A crypto derivatives account linked to address 0x4044570e13b5184f7eb2709de25a4eb766a4794c reduced its Bitcoin long position by 50 BTC, leaving 300 BTC remaining. This move resulted in a loss of about $80,000. The account has executed closing trades w...

Market News
Bearish
7 hours ago
Binance BTC order book shows $73.87M in bids vs $45.12M in asks, signaling strong buy interest.

Binance BTC order book shows $73.87M in bids vs $45.12M in asks, signaling strong buy interest.

A recent snapshot of Binance's Bitcoin perpetual order book revealed buy orders totaling 161.38 BTC at $76,410 each, with a notional value of about $12.33 million. Overall, bids across the nearby order book reached approximately $73.87 million, while...

Market News
Neutral
9 hours ago
banner-footerbanner-footer

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