🚀 Bitcoin Today: Violent Rebound From $75,618 to Above $80,000 as Election Fog Clears
$BTC Good morning from Amman. Bitcoin is trading around $80,500 after a night that flipped everything: it fell to $75,618 as US midterm results arrived, then rebounded hard to $81,105, its highest since October 29 according to CoinPost.
📦 3 numbers before your day starts:
• Bitcoin $80,500 — 24-hour range between $75,618 and $81,105
• $951 million liquidated in 24 hours — $560 million of it shorts forced to buy, according to CoinGlass
• $1.16 billion out of Bitcoin ETFs over three sessions to November 3 — according to SoSoValue
Ethereum is around $2,425, up about 6.5%, and Solana around $95.60. Today is heavy: the Bank of England decision at 15:00 Amman time, then US jobless claims at 16:30.
So what does it all mean? The market enters the day from a surprisingly strong position, but the strength came more from a short squeeze than from fresh inflows — holding above $80,000 is the real test.
Quick question: do you see this rebound as the start of a new leg up, or a trap above $80,000? Reply 🚀 for up and 🐻 for down.
Source: CoinDesk, CoinPost, CoinGlass, SoSoValue — November 5, 2026
#Bitcoin #Crypto
$BTC Good morning from Amman. Bitcoin is trading around $80,500 after a night that flipped everything: it fell to $75,618 as US midterm results arrived, then rebounded hard to $81,105, its highest since October 29 according to CoinPost.
📦 3 numbers before your day starts:
• Bitcoin $80,500 — 24-hour range between $75,618 and $81,105
• $951 million liquidated in 24 hours — $560 million of it shorts forced to buy, according to CoinGlass
• $1.16 billion out of Bitcoin ETFs over three sessions to November 3 — according to SoSoValue
Ethereum is around $2,425, up about 6.5%, and Solana around $95.60. Today is heavy: the Bank of England decision at 15:00 Amman time, then US jobless claims at 16:30.
So what does it all mean? The market enters the day from a surprisingly strong position, but the strength came more from a short squeeze than from fresh inflows — holding above $80,000 is the real test.
Quick question: do you see this rebound as the start of a new leg up, or a trap above $80,000? Reply 🚀 for up and 🐻 for down.
Source: CoinDesk, CoinPost, CoinGlass, SoSoValue — November 5, 2026
#Bitcoin #Crypto
