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Crypto Market Today, Nov. 5: Bitcoin Erases Post-Election Rally as Wall Street Suffers Worst Day in 18 Months
The Motley Fool· 2026-11-06 06:25
Cryptocurrency markets suffered steep losses on Thursday as a broad sell-off across Wall Street spilled into digital assets, triggering renewed selling pressure. Bitcoin (BTC -5.89%) dropped 5.65% to $75,880.60, while Ethereum (ETH -8.09%) tumbled 7.80% to $2,233.79. Solana (SOL -5.91%) declined 6.22% to $89.55, as investors retreated from riskier assets and erased much of Wednesday's post-election recovery.What's driving crypto marketsThursday's cryptocurrency sell-off was driven by a sharp deterioration i ...