Business · Markets · 5 hrs ago
Bitcoin falls to its lowest level since mid-September
Bitcoin fell to $75,463, its lowest level since mid-September, before trading at $76,241 later on Thursday.
The drop came as Democrats won majorities in both chambers of the US Congress, changing the political balance in Washington.
Investors were also selling technology shares amid concerns that new political scrutiny could affect artificial intelligence and data-centre companies.
That wider retreat in risky assets added to pressure on crypto, with the total cryptocurrency market value falling 4.22% to $2.56 trillion in 24 hours.
The election result also raised uncertainty about future US rules for digital assets, while some lawmakers are seen as more sceptical of cryptocurrencies.
The industry had hoped Congress would pass the CLARITY Act, which aims to set a regulatory framework for digital assets, but progress on the bill by year-end now looks unlikely.
Bitcoin fell to its lowest level since mid-September, reaching $75,463 on Bitstamp on Thursday.
It had traded above $80,000 at midday, while Habertürk reported a later price of $76,241 at 23:00 Türkiye time.
CoinMarketCap data cited by Habertürk showed the total value of the global cryptocurrency market fell 4.22% in 24 hours to $2.56 trillion.
The articles linked the market decline to sharp US stock-market losses after the midterm elections and uncertainty about future cryptocurrency regulation.
Bitcoin was down more than 5% over the week, according to Habertürk.
- Who
- Bitcoin and the wider cryptocurrency market.
- What
- Bitcoin fell to its lowest level since mid-September, reaching $75,463 on Bitstamp. The global cryptocurrency market also declined.
- When
- Thursday, November 5, 2026.
- Where
- On the Bitstamp trading platform; the market decline was reported globally.
- Why
- The articles linked the fall to US stock-market selling after the midterm elections and uncertainty about regulation of digital assets.
This story does not have two clearly opposing sides.
Bitcoin was trading above $80,000.
Bitcoin fell to $75,463 on Bitstamp, its lowest level since mid-September.
Habertürk reported Bitcoin trading at $76,241.
- Bitstamp low
- $75,463
- Bitcoin price at midday
- More than $80,000
- Bitcoin price at 23:00 Türkiye time
- $76,241
- Global crypto market value
- $2.56 trillion, down 4.22% in 24 hours
- Ethereum price
- $2,258, down 6.1% in 24 hours
What people are saying
The recent overcoming of the psychological $80,000 mark is turning out to be a classic flash in the pan
Investors are currently skillfully ignoring the possibly now poorer chances of regulatory tailwinds from Donald Trump