Historical replay · BTC/USD
Bitcoin's Midterm Round Trip: $78,063 to $75,736 and Back
Bitcoin fell 3% from $78,063 to $75,736 on the night of the US midterms, November 3–4, 2026, then climbed to $78,164 within three hours. Replay a crypto market trading an election alongside Nasdaq futures.
Bitcoin spent Election Day in a narrow range and ended the US session near its highs, touching $78,063.30 in the 21:00 UTC hour as tech stocks closed higher. It had spent Tuesday's Asian and European sessions between $76,388 and $77,314, so the move was a modest recovery rather than a breakout.
The selling started as polls closed. The 23:45 UTC candle dropped from $77,801 to $77,421, and the price slid in steps through the evening in New York as projections pointed to Democratic control of both chambers of Congress and Nasdaq-100 futures fell almost 2%. The 02:45 candle broke the night's range, falling from $76,672 to $76,154.
The low came in the next quarter-hour. The 03:00 UTC candle reached $75,736.38, 3.0% below the evening high, on $70.3 million of volume and 136,410 trades, the heaviest 15 minutes of the replay by far. It closed at $75,911, and the following candle was already back above $76,300, the pattern of forced sellers meeting waiting buyers rather than of a market that keeps falling.
The rebound tracked stock futures. As Nasdaq-100 futures pared their losses, bitcoin rose to $77,595 in the 04:45 UTC candle and to $78,164 in the 05:45 candle, slightly above where the night began. In three hours it had gone round trip. The replay is a reminder that on a political night bitcoin can trade as a risk asset in step with US tech, and that the first move in thin overnight hours is not always the one that lasts.