Cointelegraph reports that Bitcoin's price dipped to a seven-week low of $75,618, coinciding with nearly $300 million in long liquidations over 24 hours. Following this, Bitcoin experienced a bounce back. The political context includes a Democratic sweep in Congress, which may influence market sentiment.

Based on the Cointelegraph report; not independently verified.

Source published: Wed, 04 Nov 2026 07:25:47 +0000

[Read the original report](https://cointelegraph.com/markets/bitcoin-bounces-from-7-week-low-under-76k-as-democrats-eye-congress-sweep?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

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