Veytics Intelligence
2026-11-05 · Yahoo

Bitcoin tumbles below $76,000 as post-election stock rally fades

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Bitcoin (BTC-USD) tumbled below $76,000 on Thursday as investors moved out of riskier assets amid a broad sell-off in US stocks that threatened to erase the previous day's post-election rally. The world's largest cryptocurrency fell 5% Thursday, reversing a sharp rebound Wednesday that had lifted bitcoin above $80,000 as investors cheered midterm election results showing Democrats swept both chambers of Congress. The move dragged crypto-related stocks lower, following major indexes shedding their Wednesday gains. (BTC-USD ) Go deeper with AlphaSpace 75,962.64 -4,313.73 (-5.37%) As of 6:37:03 PM UTC. Market Open. BTC-USDCOIN HOOD Shares of Coinbase Global (COIN), Robinhood (HOOD), Strategy (MSTR) and Bullish (BLSH) fell 9% or more.

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