Skip to main content
CadNews - Comparative News Analysis
Topics
Sign in
Back to brief
Archived story · published November 5, 2026. Coverage reflects reporting at the time. See today's brief

Crypto · November 5, 2026

Bitcoin Erases Election Rally as AI Stocks Plunge, $428 Million in Crypto Longs Get Wiped Out

3 sources →

FreeGet stories like this compared, every morning at 7.

Bitcoin and the broader cryptocurrency market experienced a significant downturn following a post-election rally, with Bitcoin dropping nearly 5%. This volatility coincided with a plunge in AI-related stocks and political shifts following U.S. midterm results. Amidst this market movement, the Moscow Exchange, Russia's largest trading venue and a U.S.-sanctioned entity, announced it will launch trading for Bitcoin, Ether, and USDT starting December 1 under new domestic laws. This pilot phase includes regulatory requirements such as retail investor testing and an annual purchase cap of 300,000 rubles.

Read the original coverage

Hype check

How the hype check works

Confirmed · 2

Backed by filings, on-chain data, official statements or several independent publishers.

  • Bitcoin dropped nearly 5% following the election rally. (Decrypt)
  • Moscow Exchange will list Bitcoin, Ether, and USDT on Dec. 1. (Moscow Exchange)

Claimed · 1

Said by a company, project or person; not yet independently confirmed.

  • Interest for the Moscow pilot has come from existing members and businesses using digital currency for settlement. (Moscow Exchange)

Speculation · 1

Price talk, forecasts or unnamed sources, quoted as someone else's view.

  • Democratic midterm wins raised fresh policy questions for the crypto market. (Decrypt)

Reported by only some outlets

  • Bitcoin fell nearly 5% following a Wednesday rally, as reported by Decrypt.
  • The Moscow Exchange will begin trading Bitcoin, Ether, and USDT on December 1, according to Bitcoin Magazine.
  • Russian retail buyers will be capped at 300,000 rubles per year for crypto purchases, reported by Bitcoin Magazine.
  • Trading on the Moscow Exchange will follow existing stock market hours from 6:50 a.m. to 11:50 p.m. Moscow time, according to Bitcoin Magazine.

FreeDaily Brief newsletter

Get the 5-minute Daily Brief, with the topics you pick.

The Daily Brief is free

About these outlets

CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.