Bitcoin fell more than 6% to $75,463 on Thursday, its lowest since Sept. 16, as US stocks gave back their post-midterm election gains. The S&P 500 dropped 2.7%, and the Nasdaq Composite fell more than 4% to its lowest since July 29 as traders rotated out of tech. BTC/USD briefly slipped below its 50-week simple moving average of $75,733, and crypto markets liquidated nearly $500 million in the first hour of the US session. Oil rebounded, with WTI back above $90 per barrel and Brent up 2.5% near $97, after reports of fresh strikes on tankers in the Middle East and uncertainty over Democrats' steps on the US-Iran war. Tandem Investment Advisors' Jordan Watson said more volatility is possible and that post-midterm equity gains should not be treated as an 'all-clear signal'.
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Related tickers and likely impact
BTC/USDT
▼ Likely negativeBitcoin
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 11/04/2026 | 80,504.01 |
| Change that session | +3.94% |
ETH/USDT
▼ Likely negativeEthereum
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $277.2B |
| Close on 11/04/2026 | 2,424.61 |
| Change that session | +6.59% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/04/2026 | 691.95 |
| Change that session | +0.97% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/04/2026 | 766.73 |
| Change that session | +1.64% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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