Daily Crypto Price Analysis - November 04, 2026: Bitcoin, Ethereum and Market Trends

Bitcoin trading near $76,600 and Ethereum around $2,250 amid institutional outflows and macroeconomic uncertainty.

Early results from the November 3 US midterm elections have increased focus on Congressional control and future crypto regulation. The outcome could influence renewed efforts to advance the CLARITY Act, which failed to clear a Senate procedural vote in September.

US spot Bitcoin ETFs recorded $398.6 million in net outflows on November 2, while Ethereum ETFs lost approximately $140 million.

Markets are also monitoring Friday’s US employment report, Federal Reserve rate expectations, oil prices and technology stocks for direction.

Technically, Bitcoin faces support at $76,300–$76,500, followed by $75,200–$75,700, with resistance at $77,600–$78,370. Ethereum has support near $2,240 and resistance at $2,288–$2,300.

Looking ahead, volatility could persist as markets assess election results and macroeconomic developments.

Disclaimer: This article is for informational and educational purposes only and should not be considered financial or investment advice.

Frequently Asked Questions

1. Where are Bitcoin and Ethereum trading right now?
Answer: Bitcoin is trading near $76,600 and Ethereum is around $2,250, amid institutional outflows and macroeconomic uncertainty.

2. How could the US midterm elections affect crypto?
Answer: Early results from the November 3 midterms have increased focus on Congressional control and future crypto regulation. The outcome could influence renewed efforts to advance the CLARITY Act, which failed to clear a Senate procedural vote in September.

3. How much did US spot Bitcoin and Ethereum ETFs lose on November 2?
Answer: US spot Bitcoin ETFs recorded $398.6 million in net outflows on November 2, while Ethereum ETFs lost approximately $140 million.

4. What are the key support and resistance levels for Bitcoin?
Answer: Bitcoin faces support at $76,300–$76,500, followed by $75,200–$75,700. Resistance sits at $77,600–$78,370.

5. What are the key support and resistance levels for Ethereum?
Answer: Ethereum has support near $2,240 and resistance at $2,288–$2,300.

6. What macroeconomic factors are markets watching?
Answer: Markets are monitoring Friday’s US employment report, Federal Reserve rate expectations, oil prices and technology stocks for direction. Volatility could persist as markets assess election results and macroeconomic developments.