Bitcoin.com News reports that Bitcoin fell to approximately $75,740 overnight before bouncing back to $77,000. This decline coincided with U.S. midterm election results indicating a Democratic lead in the House and a close race for the Senate, which negatively impacted both stock futures and cryptocurrencies. The price drop occurred as election results were announced, reflecting the so-called 'Midterm Effect.'

Based on the Bitcoin.com News report; not independently verified.

Source published: Wed, 04 Nov 2026 05:55:31 +0000

[Read the original report](https://news.bitcoin.com/crypto-news/bitcoin-price-dips-under-76k-democrats-midterms/)

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