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 close long positions, adding to losses. Bitcoin's 50-week moving average near $75,733 acted as support during this volatility. U.S. stock futures also declined slightly, reflecting broader market caution after the midterm election results.
Following the recent volatility in Bitcoin prices linked to U.S. midterm election results, Bitcoin on Pluang trades at Rp1.456.713.403 as of Nov 05, 2026 03:31 WIB, showing a 3.20% increase over the past day. The platform sees active trading with 69% of orders to buy and a typical holding period of 113 days, indicating sustained investor interest despite recent market swings.
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