The midterm elections are over, BTC rebounds above 80,000, and a new regulatory regime is pending

According to Woofun AI, the dust settled in the US midterm elections, and political uncertainty eased significantly, directly driving the cryptocurrency market to fully rebound on November 4. The strong recovery of the price of Bitcoin (BTC) above $80,000 indicates that the selling pressure previously caused by macroeconomic anxiety has been gradually digested, and market sentiment is rapidly shifting from defensive to offensive.

This turnaround not only reflects investors' repricing of policy stability, but also heralds a further strengthening of the linkage between crypto assets and traditional financial markets, setting the tone for the subsequent market.

In terms of asset price performance, Bitcoin (BTC) closed at 5:11 p.m. EST on November 4, and rose $2,603.25 in a single day, up +3.35%. Previously, under the impact of continued selling pressure, BTC once fell to a low level of $75,700, but then buying poured in, pushing the price back above the $80,000 psychological mark. The price range fluctuated sharply on the day, soaring from a low of $75,695.00 to a high of $81,004.00, with a trading volume of 39.9 billion dollars, showing extremely high market activity. Looking back at the nearly 52-week price range, BTC fluctuated between $57,945.16 and $107,357.31, and the price has now moved out of the bottom zone.

Meanwhile, Ethereum (ETH) performed even more prominently, closing at $2,421.50, up +6.58%, successfully breaking the $2,400 mark and hitting a two-week high. Solana (SOL) also followed the rise, closing at $94.94, up +2.19%, and weekly gain +1.42%.

According to data compiled by Woofun AI, cryptocurrency ETF capital flows showed positive signs. iShares Bitcoin Trust ETF (IBIT.US) rose +2.91%, Fidelity Wise Origin Bitcoin Fund (FBTC.US) rose +2.84% (original text also mentioned +2.87%), and iShares Ethereum Trust ETF (ETHA.US) surged +5.72%. Previously, the Bitcoin Spot ETF (IBIT.US) experienced an outflow of more than 1 billion US dollars. If this rebound is accompanied by continued capital inflows, it will confirm the market recovery trend. Currently, the BTC market cap is $1.62 trillion.

Regulatory policy expectations have become one of the core macroeconomic drivers of this rebound. The Democratic Party's overwhelming victory in the US Congress brought new policy variables to the crypto industry. According to reports, Democratic lawmakers are considering amending the “Clarity Act,” which is currently on hold. This move could expand the powers of the US Securities and Exchange Commission (SEC), strengthen investor protection, and impose more restrictions on government officers' cryptocurrency activities.

Although legislative discussions are still at an early stage, the restart is expected to remove the regulatory uncertainty that has plagued the industry for a long time and lay the foundation for a clearer regulatory framework by 2027. Looking at the macro environment, falling oil prices and falling US Treasury bond yields have increased the market's risk tolerance, and changes in interest rate expectations have further boosted the simultaneous rise in crypto assets and traditional financial markets. In the short term, investors are closely watching whether BTC can secure the $80,000 support level and overcome the $82,000 resistance level, which will be a key sign of renewed buying.

However, uncertainty in the macroeconomic environment remains, and investors need to be wary of the risk of further volatility.

The performance of the top ten currencies in the entire market showed a divergent trend. The data was as of 11:17 UTC on November 4, 2026, and the ranking was based on market capitalization.

Tether (USDT) reported $0.9993, 24-hour increase or decrease of +0.0%, 7-day increase or decrease of -0.0%; Binance Coin (BNB) reported $717.76, 24-hour increase or decrease +2.6%, 7-day increase or decrease of 5.2%; Ripple (XRP) reported $1.30, 24-hour increase or decrease +1.7%, 7-day increase or decrease of -2.5%; USDC (USDC) reported $0.9997, 24-hour increase or decrease +0.0% ; TRX reported $0.3196, 24 hour change of -1.1%, 7-day increase or decrease of -3.0%; Figure Heloc (FIGR_HELOC) reported $1.03, 24-hour change of -1.1%, 7-day increase or decrease of -0.5%; Zcash (ZEC) reported $1,292.28, 24-hour increase or decrease of +5.0%, 7-day increase or decrease of -0.7%.

It is worth noting that despite the general rise in mainstream currencies, some coins such as BNB and TRX still recorded negative returns on a weekly basis, reflecting the complexity of the internal structure of the market. As the new regulatory regime awaits, the game between capital flow and policy implementation will become a key variable in the next phase of the market. Investors need to closely track ETF funding trends and legislative developments to cope with potential market fluctuations.