Crypto News Nov 5: BTC Jumps 5.4%, ETH Rise 7.5% After Midterm Results

Crypto News: Bitcoin Jumps 5.4%, Fear Index Turns 50 After US Midterms

Crypto bounced back strongly today, with Bitcoin above $80,000 and sentiment recovering from fear to neutral. Midterm Election news, central bank decisions and a few wild altcoin swings kept traders busy.

Key takeaways

• Total crypto market value rose 5.1% to $2.79 trillion.

• Bitcoin gained 5.4% and Ethereum jumped 7.5% in 24 hours.

• Fear and Greed Index climbed from 34 to 50, a Neutral reading.

• Small-cap tokens like DESSA surged, while UMXM fell sharply.

• Democratic control of Congress may slow the CLARITY Act.

Crypto Market Update Today: Prices, Volume & Trends

According to CoinGecko data recorded on November 5, 2026, at 4:00 AM UTC, the global crypto market capitalization stood at $2.79 trillion, surges 5.1%. Total trading volume was $96.8 billion. Bitcoin dominance is 58.1%, and Ethereum holds 10.6%. Zero Knowledge (ZK) and Quantum-Resistant were the strongest-performing categories over the past day.

Bitcoin and Ethereum Price Today

(Note: The data recorded from Official CoinGecko Data on 5 November 2026 at 4:00 AM UTC). 

• Bitcoin price today is $80,564.30, surges 5.4% over 24 hours. Its trading volume was about $37.4 billion, and its market cap is around $1.619 trillion.

Bitcoin price, 24-hour change. Source: CoinGecko, November 5, 2026, 4:00 AM UTC.

• Ethereum price today is $2,428.01, jumps 7.5%. Its market cap is near $296.6 billion and 24-hour trading volume of $16.28 Billion 

Ethereum price, 24-hour change. Source: CoinGecko, November 5, 2026, 4:00 AM UTC.

Top Trending Crypto Coins Price in 24 Hours

Several trending assets also posted notable moves over the last 24 hours.

Bitcoin stands out for its volume, which was far higher than the other trending tokens. Official Trump had the steepest drop and was the only coin in the group to fall over the day.

Top Crypto Gainers and Losers in 24 Hours

Top 3 gainers (ranked by 24-hour gain):

• Dessa (DESSA) price at $0.0204, up 123.1%, trading volume near $1.51 million.

• Janction (JCT) price at $0.005943, up 77.0%, trading volume near $47.99 million.

• Elsa coin price up 59.5% trading at $0.1038 trading volume near $72.39 million

Top 3 losers (ranked by 24-hour loss):

• Manadia (UMXM): $0.006089, down 36.3%, trading volume near $561,348.

• Akedo (AKE): $0.002523, down 28.3%, trading volume near $20.14 million.

• Huma Finance (HUMA): $0.01702, down 12.6%, trading volume near $43.51 million.

DESSA led the gains, while UMXM fell the most sharply. Moves this large should be read alongside market cap, liquidity and volume, because smaller or thinly traded tokens can jump or drop quickly.

Stablecoins and DeFi Market Update 

The weakness did not hit every part of the market equally. Data source: CoinGecko.

• The Stablecoin market cap is $290.3 billion, up 0.1%. Trading volume was about $79.4 billion.

• The DeFi market cap escalated 4.2% to $73.98 billion. Volume was about $5.57 billion, and the sector accounted for 2.7% of the market.

DeFi covers blockchain-based financial apps such as decentralized exchanges and lending protocols.

Crypto Fear and Greed Index Today

Fear and Greed Index reading of 50 on November 5, 2026. Source: Alternative.me.

The Fear and Greed Index stands at 50 (Neutral), a sharp recovery from yesterday’s Fear reading of 34. A week ago it was 51, also Neutral, while a month ago it sat in Greed at 73.

The 16-point one-day jump shows nervous traders quickly regained confidence. Sentiment has now returned to balance, though it remains well below last month’s optimism, so the market is neither fearful nor greedy.

Major Crypto Market Events Today

Scheduled US economic events this week, including jobs data. Source: Forex Factory, November 5, 2026. 

The Bank of England’s rate decision headlines Thursday’s calendar, with forecasts pointing to 4.00% from 3.75%. US jobless claims are expected near 197,000, while Bailey, Lagarde and two Fed officials speak. Australia’s trade surplus already surprised at A$2.83 billion, well above forecasts of A$0.94 billion. Traders should expect busy sessions.

Top 12 Crypto News Today

These 12 crypto news headlines were picked for their possible effect on market sentiment, regulation, exchange safety and user funds. Each is credited to the source that reported it.

1. LayerZero’s Zero Passes Trading Test: 21X ran its order book on a private Zero chain for a month, reaching 10,000 matches per second, though its live exchange still uses existing systems.

2. Ripple XRP Disputes Post-Election Crypto Setback Claims: Garlinghouse and Alderoty say pro-crypto lawmakers won across both parties, insisting the industry’s push for clear US digital asset rules remains unchanged.

3. Chainlink Enables $37 Trillion in Transactions: Chainlink dashboard shows $37.02 trillion in enabled transaction value, while its CCIP cross-chain protocol has facilitated more than $27 billion in cumulative transfers.

4. Canton Gets First Memecoin Launchpad: Supanova went live on November 3 as Canton’s first permissionless launchpad, with its own AMM DEX, possibly boosting retail activity in the institution-focused ecosystem.

5. Aero Fund Stakes Buyback, Skips Burn: The Momentum Fund bought 243K AERO and staked it all, using the tokens to steer rewards and earn exchange revenue. Earlier buybacks were burned.

6. US Midterm Election Results Lift Markets on Hopes of War’s End: Stocks, gold and silver surged after Schumer pledged to end the Iran war, with oil falling 8%. Trump’s veto power and January’s new Congress remain risks.

7. Canary Staked INJ ETF Wins Nasdaq Approval: Canary’s Staked INJ ETF, proposed ticker INJC, will stake at least 90% of its INJ holdings and charge a 1.10% annual management fee.

8. Democratic Win Clouds CLARITY Act Path: With Democrats controlling Congress, the CLARITY Act, which failed a Senate procedural vote 49 to 50, may need reintroduction after January 3, 2027. Stand With Crypto counts 19 pro-crypto senators and 226 House members elected.

9. Mercado Bitcoin to Restore Access November 9: The Brazilian exchange will first allow balance and record queries, restore transfers and trading after security checks, and fully compensate users after its recent incident.

10. Polygon Proposes Hard Fork to Recover Stolen POL: A proposal seeks a hard fork to recover roughly 70.49 million stolen POL from Polymarket and Binance incidents, up for governance discussion on November 5.

11. Grayscale, BlackRock See Lasting Crypto Growth: Both firms say Democratic control may slow legislation but won’t change long-term trends, citing global stablecoin demand, institutional participation, and growing tokenized funds.

12. Ondo Urges SEC to Open Transfer Agent Access: Ondo’s comment letter asks the SEC to give tokenized stockholders transfer agent access similar to DTC, and to ease repeated identity checks.

Risk Matrix: What the Headlines Mean for Crypto

Risk looks mixed today. Regulatory delays from a Democratic Congress and volatile small-cap tokens pose the highest risks, while central bank decisions and exchange security matter moderately. Institutional adoption and the INJ ETF offer long-term support.

Comparative Insight: What Changed Today?

Crypto turned sharply higher from November 4 crypto news to November 5. Total market value moved from a 0.6% decline to a 5.1% gain, lifting it from $2.66 trillion to $2.79 trillion. Bitcoin flipped from a 0.3% dip to a 5.4% rise. Ethereum jumped from a 0.2% gain to 7.5%.

Sentiment improved the most. The Fear and Greed Index rose from 34 (Fear) to 50 (Neutral). DeFi’s gain widened from 0.2% to 4.2%, while stablecoins edged up 0.1% after a 0.3% slip.

Impact on Crypto After Midterm Election Results?

The midterm results sent a mixed but largely positive signal to markets. Stocks, gold and silver surged after Schumer pledged to end the Iran war, while oil fell 8%, easing inflation worries. Bitcoin jumped 5.4% above $80,000 and Ethereum gained 7.5% as risk appetite returned. 

However, a Democratic Congress may delay the CLARITY Act and bring tougher scrutiny of crypto. Trump’s veto power and January’s new Congress remain risks, so investors should expect volatility before any clear policy direction emerges.

What Does This Crypto Market Move Mean Today?

Today’s rally suggests buyers returned quickly after a nervous stretch. Bitcoin and Ethereum led the move, and the jump in sentiment from Fear to Neutral shows confidence is healing, though it has not fully recovered. Part of the lift appears tied to broader hopes of easing geopolitical tension, which also supported stocks and metals. 

However, the political picture is mixed: a Democratic Congress could delay clear crypto rules in the US. Traders will also watch the Bank of England decision and US jobless claims today, since surprises there can quickly change risk appetite.

CoinGabbar's Market View

Today’s crypto news market move is encouraging, but it is not a green light to rush in. Bitcoin and Ethereum showed healthy strength, and neutral sentiment leaves room for further recovery. 

Still, the rally followed a fearful reading just a day earlier, so reversals remain possible. Small tokens like DESSA and JCT are extremely volatile and risky, as sharp gains can vanish just as fast. 

Long-term investors may prefer gradual buying in major assets, while short-term traders should use strict stop-losses. Regulatory uncertainty adds another layer of risk. Always invest only what you can afford to lose and do your own research.

Glossary

• CLARITY Act: A proposed US bill aimed at setting clear rules for digital assets.

• Hard Fork: A major blockchain upgrade or change that creates new rules for the network.

• Staking: Locking tokens on a network to help secure it and earn rewards.

• ETF (Exchange-Traded Fund): A fund traded on stock exchanges that tracks an asset’s price.

• CCIP: Chainlink’s protocol for moving data and tokens between different blockchains.

Disclaimer: This article is for information and education only. It is not financial or investment advice. Crypto markets are very volatile, and digital assets can lose value. Crypto news readers should do their own research (DYOR) and speak with a qualified financial professional before making decisions. Crypto services and assets may vary by region.