Bitcoin surges to $78,300 in V-shaped comeback as midterm election uncertainty fades
BTC is steaming higher as U.S.
BitMart is the latest centralized exchange to suffer a security breach, adding to a string of crypto thefts that have marred the industry over the past year.
SideSwap reports full L-BTC backing, while customer payouts still depend on its own Bitcoin wallet and manual refills.
November 4, 2026, 6:30 amBitcoin's swift recovery highlights market sensitivity to political events and regulatory clarity, underscoring the need for stable crypto policies.
November 4, 2026, 6:20 amBTC is steaming higher as U.S.
Bitcoin slid to about $75,740 overnight before recovering to $77,000 as U.S. midterm returns showed Democrats taking the House and closing in on the Senate, dragging stock futures and crypto lower together. The Midterm Effect Bitcoin’s price took a hit on election night, dipping to roughly $75,740 as the results came in.
Institutional outflows and liquidations signal waning confidence in Bitcoin, potentially impacting its stability and future growth prospects.
Russia’s main bourse wants back the crypto trading Russians do abroad, and one of the coins it's listing is issued by a company that freezes wallets on the U.S.
Stock futures and the dollar slid and Treasuries rallied as early U.S.
Wall Street and the crypto market entered the 2026 US midterm vote under pressure, as technology-sector concerns and shifting political expectations pushed investors to reassess risk.
Arthur Hayes linked bitcoin’s next rally to renewed dollar liquidity from commercial banks or the Federal Reserve. His near-term warning follows a longer-term bullish outlook that includes bitcoin eventually reaching $1 million and a money-creation-driven crypto bull run.
Chainalysis said on November 2 that it had supported tracing and containment efforts following a security incident involving Mercado Bitcoin.
Brazilian cryptocurrency exchange Mercado Bitcoin disclosed a major security incident on Nov. 2, 2026, involving approximately $38 million in digital assets.