Bitcoin Nears $76K as Oil Slide Fails to Lift Market Mood
WHO:
Bitcoinist - Investors reacted to selling in technology stocks and uncertainty surrounding the US midterm elections.
Cointelegraph - Bitcoin and stock markets were affected by developments related to the US-Iran war.
WHAT:
Bitcoinist - Bitcoin faces a potential fifth consecutive weekly decline, extending its slide from around $87,000 to near $76,500.
Bitcoinist - Apple warned that rising memory-chip costs could pressure profit margins.
Cointelegraph - Bitcoin fell below the realized price for buyers who acquired it one to three months earlier, putting that level at risk of becoming resistance.
99 Bitcoins - Bitcoin declined 2.4% to $76,514.
99 Bitcoins - Spot Bitcoin ETFs recorded a $398.6 million loss on Monday.
99 Bitcoins - The United States attacked Iran, and a fighter jet destroyed an Iranian missile launcher on Qeshm Island.
Bitcoinist - Bitcoin, described as the world’s largest cryptocurrency, fell below $77,000 and lost approximately 2% during Asian trading.
Bitcoinist - The drop reversed Bitcoin’s brief recovery from Monday.
Cointelegraph - Bitcoin fell around 1.7% as stocks pared early gains.
Cointelegraph - A 7% slide in oil prices failed to spark a Bitcoin price rally.
WHERE:
99 Bitcoins - A fighter jet destroyed an Iranian missile launcher on Qeshm Island.
WHY:
Bitcoinist - Apple’s warning about memory-chip costs added to concerns weighing on risk-sensitive assets, including cryptocurrencies.
Bitcoinist - The decline came amid another wave of selling across technology stocks and growing uncertainty ahead of the US midterm elections.
Cointelegraph - Stocks’ early gains were fueled by hopes of a diplomatic resolution to the US-Iran war.
HOW:
Bitcoinist - Bitcoin’s decline occurred during Asian trading hours.
Cointelegraph - Stocks pared their early gains as Bitcoin fell.
(UPDATED November 3, 2026 15:00 UTC)
Bitcoin fell below $77,000, extending its slide and risking a fifth straight weekly decline. Technology-stock selling, election uncertainty, and the US-Iran war weighed on markets. Apple warned rising memory-chip costs could squeeze profits, adding pressure to risk-sensitive assets.
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(UPDATED November 3, 2026 12:03 UTC)
Bitcoin fell below $77,000 as technology stocks sold off and war uncertainty weighed. It slipped beneath recent buyers’ purchase price, putting that level at risk of becoming resistance. Bitcoin funds recorded heavy outflows as hopes for diplomacy failed to lift markets.
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(UPDATED November 3, 2026 10:59 UTC)
Bitcoin fell below $77,000 as technology stocks sold off, reversing its brief recovery. Spot Bitcoin ETFs saw heavy outflows, deepening pressure on the cryptocurrency. The decline came amid US attacks on Iran and uncertainty over midterm elections.
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(UPDATED November 3, 2026 09:03 UTC)
Bitcoin fell below $77,000, reversing its brief recovery and sliding roughly two percent. Technology stock selling and uncertainty over US midterm elections weighed on investor sentiment. Markets also reacted to US-Iran war developments, while falling oil prices failed to lift Bitcoin.