Bitcoin Extends Its Rebound Beyond the Mid-$75,000 Support Zone
Bitcoin recovered from a seven-week low near $75,600 and now trades above $80,000 as the broader crypto market moves higher.
Bitcoin recovered from a seven-week low near $75,600 and now trades above $80,000 as the broader crypto market moves higher. Bitcoin (BTC) is trading at ₹76,26,764 ($80,604.00). This is an original Token Times brief based on reporting by Bitcoinist, with live market data added, as of Thu, 05 Nov 2026 03:30:01 UTC.
The rebound indicates that demand remained active near a closely watched price area after Bitcoin briefly slipped below $76,000. Its current market capitalization also highlights the asset’s dominant position within a broadly rising $2.76 trillion crypto market.
- Bitcoin recovered toward $78,000 after briefly trading below $76,000, Bitcoinist reported.
- A seven-week low of $75,618 marked the downside level highlighted before the rebound.
- BTC is now $80,641, up 4.63% over 24 hours but down 0.43% over seven days.
- The Fear & Greed Index stands at 50, reflecting neutral sentiment.
- Bitcoin Tests Key Support Zone Amid Market Downturn
- Bitcoin Faces $82,000 Resistance Amid Potential $72,500 Rebound Zone
- Bitcoin Extends Its Rebound Beyond the Mid-$75,000 Support Zone — this brief
Bitcoinist reported on November 4 that BTC recovered toward $78,000 after briefly falling below $76,000. The move followed a seven-week low of $75,618 and was presented as evidence of renewed buying interest around a notable technical-support area as cryptocurrency markets adjusted to the results of the U.S. midterm elections.
The report focused on 
Bitcoin’s ability to rebound after testing the mid-$75,000 range. Bitcoinist attributed the recovery to active buyers and noted that political uncertainty had initially weighed on the market, although the supplied summary does not provide further detail on the earlier reaction.
Live market data shows Bitcoin trading at $80,641, extending its position above the level described in the report. BTC is up 4.63% over 24 hours, while its seven-day performance remains slightly negative at -0.43%. Its market capitalization stands at $1.62 trillion.
The broader crypto market is broadly higher, with total capitalization at $2.76 trillion. The Fear & Greed Index reads 50, placing market sentiment in neutral territory rather than at either extreme. The price zone between $75,618 and $76,000 is the main reference point identified in the coverage, while the current $80,641 price shows Bitcoin trading above both.
The immediate significance is that Bitcoin has maintained momentum beyond the support area highlighted by Bitcoinist following the election-driven market adjustment. The next observable reference is whether BTC remains above the mid-$75,000 zone while the 24-hour advance holds against the still-slightly-negative weekly move.
Since this brief published about 11 hours ago, Bitcoin (BTC) has moved from ₹76,30,265.21$80,641.00 to ₹76,26,764.26$80,604.00 — -0.05%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.29M (about $80,604.00), up 5.7% over 24 hours. The rupee itself trades about 8.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitcoin Extends Its Rebound Beyond the Mid-$75,000 Support Z — questions & answers
Where was Bitcoin’s seven-week low?
Bitcoinist reported a seven-week low of $75,618 before BTC recovered toward $78,000 on November 4.
What is Bitcoin trading at now?
Bitcoin is trading at $80,641, up 4.63% over 24 hours and down 0.43% over seven days.
What does the Fear & Greed Index show?
The index stands at 50, which corresponds to neutral sentiment across the crypto market.
How much is 1 Bitcoin worth in rupee today?
About ₹8.29M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $80,604.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoinist. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.