According to Woofun AI, Bitcoin (BTC) surged past the psychological $80,000 threshold, currently trading at $80,786.38, up 4.47% from the previous trading day and 3.21% from this morning's session. Its total market capitalization climbed to $1.62 trillion, with 24-hour trading volume recorded at $31.96 billion.
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Sharp market swings driven by macro politics become the core variable
Amid fermenting news that 'Trump-related risks' may ease, stock index futures rose, directly propelling Bitcoin to rebound to the $78,000 level at 22:37 on November 4, 2026. Notably, with Democrats controlling both the U.S. Senate and House of Representatives, South Korea's KOSPI index experienced wild fluctuations of around 4% before ultimately closing higher, while Bitcoin achieved a 'V-shaped rebound' to $78,000 at 18:06 on November 4, 2026.
Structurally, affected by the U.S. midterm elections, the KOSPI index plunged more than 4% intraday at 15:59 on November 4, 2026, but ultimately held around the 5,600-point level. At 09:25 on November 4, 2026, driven by buying from foreign and institutional investors, the KOSPI rose about 1% after the open, returning to the 5,700-point level.
The more critical variable lies in the fact that as the U.S. Democratic Party scored a landslide victory in the elections, the Dow Jones Industrial Average rose 1,100 points at 00:03 on November 5, 2026, and Bitcoin prices also recovered to $79,000. Driven by expectations that Republicans would lose in key states, Polymarket investors reaped a massive $910,000 profit at 23:36 on November 4, 2026.
Woofun AI compiled data showing that the chain reactions triggered by this series of political events caused market sentiment to shift from panic to greed in an extremely short period, with capital flows undergoing a fundamental reversal.
Geopolitical policy, industry merger reviews, and liquidity concerns form another complex backdrop
Russia's largest stock exchange plans to allow direct Bitcoin trading starting in December, and whether this move can break through U.S. sanctions restrictions has drawn market attention, with related information published at 21:30 on November 4, 2026. On the industry consolidation front, regarding the merger between NAVER and Dunamu, regulators stated at 13:30 on July 27, 2026, that they considered not only search exposure issues but also analyzed factors such as advertising costs, conducting a careful review of the merger. A report at 11:30 the same day further explained that regulators also weighed the merger's impact on the future financial industry during their review and mentioned the issue of 'internal consolidation' in related inquiry documents.
The underlying reason is that with the continuous development of the tokenization market, such volatility may adversely affect the stock market, according to a viewpoint published at 16:05 on July 26, 2026. Another report at 13:46 on July 26, 2026, described stock market volatility as even exceeding that of the cryptocurrency market, calling it a 'roller-coaster ride.'
On the liquidity front, the market value of stablecoins decreased by $17 billion at 19:30 on November 4, 2026, and combined with the Binance hack incident, market liquidity conditions are concerning. Analysis at 04:58 on November 4, 2026, pointed out that 'the Bitcoin-to-gold ratio is declining,' suggesting risk assets may face adjustments after the midterm elections. Additionally, news at 21:30 on November 3, 2026, stated that 'if Democrats control Congress in the U.S. midterm elections, it would have the worst impact on the digital asset market' — a concern that gradually dissipated after election results became clear.
Specific coin performance, industry leader views, and future outlook reveal a diverse market ecosystem
Ripple (XRP) surged 71% again within three days, with its price now approaching $1.27, though whether it can continue rising depends on changes in market volatility, with the data updated at 20:30 on November 3, 2026. PoMo co-founder Park Se-yong stated at 11:05 on October 17, 2026, that 'the era when all assets can be traded in a single app is coming.' Investors at 18:15 on October 16, 2026, called for a 'two-year moratorium on cryptocurrency taxation' and took to the streets to express their demands.
In an interview at 12:05 on October 8, 2026, the head of Access Protocol stated that 'artificial intelligence can also become a content creator,' with the company expanding its business through Agents and NFT marketplaces. In another interview at 16:00 on September 23, 2026, KIP's head Lee Yoon-ho pointed out that 'preparations need to be made before the STO market opens, and experience in the RWA field should be shared with financial institutions.' This marks yet another profound reflection by the industry on the dual path of compliance and technological innovation, following the increasingly blurred boundaries between traditional finance and Web3.
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