Markets
Bitcoin and Ether sustain their rebound above 71 000 € and 2 100 € despite the Binance shock
Bitcoin and ether remain at high levels on November 5, 2026, despite a major security incident at Binance that could have triggered a sharp correction. This resilience highlights increased risk tolerance and a market structure dominated by Bitcoin but supported by appetite for major altcoins.
As of November 5, 2026, around 06:57 (UTC+5:45), bitcoin is trading around 71 460 € (approximately 80 518 $, at an exchange rate of 1 € = 1,127 $), up about 4.7 % over 24 hours, according to market aggregators. Ether climbed roughly 7.0 % over the same period to 2 146 € (2 419,75 $), outperforming bitcoin. This rebound comes as the market is still digesting a major security shock at Binance, underscoring the counterintuitive nature of the rise in the two leading digital assets.
Closing data for November 4, 2026 show bitcoin finishing the day at around 71 360 € (80 399 $), after an intraday low near 67 150 € (75 712 € converted from 75 712 $, i.e. approximately 67 150 €) and a high around 71 770 € (80 905 $). This range reflects high volatility, but the maintenance of prices near intraday highs at the close suggests buyers remained present despite counterparty concerns linked to the Binance shock.
Total crypto market capitalization reaches about 2.39 trillion € (2.70 trillion $, converted at the same rate of 1 € = 1,127 $) on November 5, 2026, up roughly 4.7 % over 24 hours. Bitcoin dominance remains high, near 59.6 %, confirming its central role as a reference asset. In this context, ether’s stronger performance can be interpreted as a gradual return of appetite for assets viewed as riskier, while remaining concentrated in large caps.
Several market summaries link bitcoin’s rise above 71 000 € in early November to a broader rebound in risk assets after the U.S. midterm elections, alongside a rally in U.S. equities. This move comes despite the lack of clear progress on a federal bill structuring the crypto market. The combination of an extreme security shock on a major platform like Binance and continued price increases highlights a more institutionalized market, yet still vulnerable to operational and regulatory risks.