๐ Bitcoin price today: Violent rebound from $75,618 to above $80,000 after election results became clear
$BTC Good morning from Amman. Bitcoin is now around $80,500, after a night that changed everything: it fell as low as $75,618 as midterm election results came in, then bounced sharply and reached as high as $81,105, its highest level since October 29, according to CoinPost.
๐ฆ 3 numbers before you start your day:
โข Bitcoin at $80,500 โ 24-hour range between $75,618 and $81,105
โข $951 million in liquidations over 24 hours โ including $560 million in shorts forced to buy, according to CoinGlass
โข $1.16 billion flowed out of Bitcoin funds over three sessions through November 3 โ according to SoSoValue
Ethereum is around $2,425, up about 6.5 percent, and Solana is around $95.6. Itโs a busy day: the Bank of Englandโs decision at 15:00 Amman time, followed by U.S. jobless claims at 16:30.
What does all this mean? The market is starting the day from a position of unexpected strength, but that strength came more from short liquidations than from fresh inflows โ and staying above $80,000 is the real test.
Quick question: do you think this rebound is the start of a new rally or a trap above $80,000? Type ๐ for up and ๐ป for down.
Source: CoinDesk, CoinPost, CoinGlass, SoSoValue โ November 5, 2026
#Bitcoin #Crypto
$BTC Good morning from Amman. Bitcoin is now around $80,500, after a night that changed everything: it fell as low as $75,618 as midterm election results came in, then bounced sharply and reached as high as $81,105, its highest level since October 29, according to CoinPost.
๐ฆ 3 numbers before you start your day:
โข Bitcoin at $80,500 โ 24-hour range between $75,618 and $81,105
โข $951 million in liquidations over 24 hours โ including $560 million in shorts forced to buy, according to CoinGlass
โข $1.16 billion flowed out of Bitcoin funds over three sessions through November 3 โ according to SoSoValue
Ethereum is around $2,425, up about 6.5 percent, and Solana is around $95.6. Itโs a busy day: the Bank of Englandโs decision at 15:00 Amman time, followed by U.S. jobless claims at 16:30.
What does all this mean? The market is starting the day from a position of unexpected strength, but that strength came more from short liquidations than from fresh inflows โ and staying above $80,000 is the real test.
Quick question: do you think this rebound is the start of a new rally or a trap above $80,000? Type ๐ for up and ๐ป for down.
Source: CoinDesk, CoinPost, CoinGlass, SoSoValue โ November 5, 2026
#Bitcoin #Crypto
