Crypto Giveback Unwinds Post-Election Market Rally
Bitcoin and XRP declined as a technology-led stock sell-off erased roughly $100 billion in crypto market capitalization.
Bitcoin and XRP declined as a technology-led stock sell-off erased roughly $100 billion in crypto market capitalization. Bitcoin (BTC) is trading at ₹71,16,184 ($75,612.00), down 0.3% since this brief published. This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Sun, 08 Nov 2026 21:45:01 UTC.
The reversal shows how crypto gains following the U.S. midterm elections were quickly outweighed by broader technology-market pressure, leaving both Bitcoin and XRP below their recent levels.
- Crypto briefly added about $100 billion after the U.S. midterms.
- Bitcoin is down 2.52% over seven days.
- XRP fell 7.71% over seven days.
- The Fear & Greed Index stands at 28, indicating fear.
- Analyst Predicts Bitcoin Could Drop to $77K Post-FOMC Despite Recent Rally
- Bitcoin's Historical Post-US Midterm Election Rally Pattern Emerges
- Dow Extends Post-Election Rally as Bitcoin Holds Near $80,000
- Bitcoin’s post-midterm rally reverses amid a tech-stock selloff
- Crypto Markets Reset as ETH Reverses Post-Election Rally
- Crypto Giveback Unwinds Post-Election Market Rally — this brief
Bitcoin.com reports that the crypto market gained approximately $100 billion in market capitalization following the U.S. midterm elections, but those gains were subsequently erased during a global sell-off in technology stocks. The report describes the opening week of November as volatile, with the broader equity move ultimately outweighing the post-election crypto advance.
The sell-off was visible in the major assets covered by the report. Bitcoin traded at $75,860, up 0.18% over 24 hours but down 2.52% over seven days. 
XRP stood at $1.15, declining 0.83% over 24 hours and 7.71% over the seven-day period, indicating greater weakness than Bitcoin over that interval.
The total crypto market capitalization was $2.61 trillion, while the broader market was described as flat. Bitcoin accounted for $1.53 trillion of that value, and XRP’s capitalization was $73.11 billion. The live snapshot shows modest short-term stabilization alongside continued losses over the week.
Market sentiment remained cautious, with the Fear & Greed Index at 28, placing it in the fear zone. The immediate focus is whether the broader technology-stock sell-off continues to pressure crypto or whether the post-election gains begin to recover, with Bitcoin’s seven-day performance and XRP’s steeper decline providing the clearest market signals.
Since this brief published about 6 hours ago, Bitcoin (BTC) has moved from ₹71,39,524.68$75,860.00 to ₹71,16,184.29$75,612.00 — -0.33%.
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 ≈ ₹7.86M (about $75,612.00), up 0.0% over 24 hours. The rupee itself trades about 10.5% 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 assets in this story — live, source-stamped, updated every 15 minutes.
Crypto Giveback Unwinds Post-Election Market Rally — questions & answers
What erased the crypto market’s post-election gains?
Bitcoin.com attributes the reversal to a global sell-off in technology stocks that followed a roughly $100 billion post-election increase in crypto capitalization.
How did Bitcoin and XRP perform over seven days?
Bitcoin fell 2.52%, while XRP declined 7.71% over the seven-day period.
What was the total crypto market capitalization?
The total crypto market capitalization stood at $2.61 trillion.
How much is 1 Bitcoin worth in rupee today?
About ₹7.86M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $75,612.00. 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.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.33% since this brief first published — trading at ₹71,16,184 ($75,612.00) now versus ₹71,39,525 ($75,860.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com. 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.