Key facts
- Bitcoin traded near $79,600 after slipping back below $80,000, per Bitcoin Magazine.
- The report also cited a rebound in oil and a Bank of England rate increase.
Bitcoin slipped back below $80,000 on the morning of November 5, 2026 and was trading near $79,600, Bitcoin Magazine reported. The report did not state the size of the move or the prior level.
The same report cited a rebound in oil and a rate increase by the Bank of England. It gave no figures for either, and did not state a link between those markets and the bitcoin price.