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PropMarketCapFRESHMacroeconomics and central banks

Dollar at five-week low ahead of US jobs data and Bank of England rate decision

The DXY dollar index (the dollar's exchange rate against a basket of major currencies) headed toward the 101.00 area on Wednesday, November 4 - a five-week low - losing about 0.5% and falling below 101.50. On Thursday, two catalysts for movement hit the market at once: US labor market statistics and the Bank of England meeting.

PropMarketCapFRESHCurrencies, commodities and indices

Jeffries promises a bill against tariffs and the war with Iran, oil price down 10%

On the evening of November 4, the oil decline deepened from 6% to -10% for the session. During the day the market was already falling after Chuck Schumer's words about ending the war with Iran, and a new downward impulse was given by the statement of the Democratic leader in the House of Representatives.

PropMarketCapFRESHCrypto market

Bitcoin returned above $80,500 after a seven-week low, the crypto market bought back at once

After the US midterm elections, risk assets were bought back at once: BTC added more than 4% and recovered from its plunge below $76,000, WTI oil fell below $93, and S&P 500 futures returned to the month's highs.

PropMarketCapFRESHCurrencies, commodities and indices

Microsoft +6%, Nvidia -2.2%: Nasdaq heavyweights diverge

After the Democrats won both chambers of Congress, the market stopped moving the tech sector as one block. Microsoft and Alphabet closed with strong gains, while Nvidia, Tesla and Intel finished lower. The Nasdaq-100 itself added 1.14% and reached 28,500 points.

PropMarketCapFRESHExchanges and infrastructure

Coinbase has opened Deribit crypto exchange options and perpetual futures to US institutions

Coinbase has connected clients of its institutional Prime division to the Deribit platform: crypto options and perpetual futures, which were previously traded mainly outside US regulation, have become available to US funds and companies. The announcement was made on November 4.

PropMarketCapFRESHCurrencies, commodities and indices

Chuck Schumer announces end of war with Iran: oil price falls 6%

US Senate Democratic leader Chuck Schumer said on the evening of November 4 that the war against Iran must end and that some Republicans have joined the Democrats on this issue. On that headline, oil fell by about 6%.

PropMarketCapFRESHInstitutional players and funds

Strategy (formerly MicroStrategy) nearly slipped into the red on Bitcoin: the cushion shrank to 0.27%

Overnight on November 4, BTC dropped to $75,653 — just $202 above Strategy's average purchase price (Michael Saylor's company, the largest corporate holder of Bitcoin). The paper profit on 849,327 coins shrank to $171.6 million on a position of $64.08 billion.

PropMarketCapFRESHMacroeconomics and central banks

US ISM Services: 54.5 vs forecast 54.8, prices at 73

The main survey on the US services sector for October was released on November 4 at 18:00 MSK and came in weaker than both the forecast and September: 54.5 versus the expected 54.8 and 54.9 a month earlier. Values above 50 indicate sector growth, so services are expanding, but more slowly.

PropMarketCapFRESHInstitutional players and funds

Tether stated it holds 150,000 BTC — 50,000 more than in its report

Tether CEO (the issuer of USDT, the largest stablecoin — a coin whose rate is pegged to the dollar) Paolo Ardoino said the company holds about 150,000 BTC, worth roughly $11.5 billion. The latest reporting implies an amount $3.8 billion lower.

PropMarketCapFRESHInstitutional players and funds

Riot Platforms sold 20,264 BTC for $1.5 billion, profit fell to $4 million

One of the largest public miners in the US parted with 20,264 BTC over the nine months of 2026 and raised about $1.5 billion. The money did not go into reserves but into data center construction.

PropMarketCapFRESHExchanges and infrastructure

Binance expanded proof of reserves to 44 tokens: crypto exchange hacked for $6.34 billion

The world's largest crypto exchange published an expanded reconciliation of client funds after a $6.34 billion theft and stated that it had replenished about 98% of the affected assets. Withdrawals, however, are not fully open.

PropMarketCapFRESHCurrencies, commodities and indices

Nasdaq futures plunged 2% overnight and recovered all losses by the open: Democrats took Congress

According to vote counts in the US midterm elections, Democrats are taking both chambers of Congress. Index futures fell overnight, then reversed by the morning of November 4: Nasdaq +2.2%, S&P 500 +1.8%.

PropMarketCapFRESHCurrencies, commodities and indices

In a single session, the silver price rose by 5% — the metal moves wider than gold

On Tuesday, November 4, silver rose by approximately 5% to the levels of the previous close. For the metal, this is one of the sharpest intraday moves — on calm days silver moves within one percent.

PropMarketCapFRESHCurrencies, commodities and indices

Overnight Nasdaq futures lost 2.4%, and by evening the index was already +2%

After the Democrats' victory in the US midterm elections, Nasdaq-100 futures (contracts on the index of the 100 largest technology companies) fell 2.4% overnight. By 16:11 Moscow time the decline had been fully recovered, and by 17:44 Moscow time the Nasdaq was recording growth of about 2%.

PropMarketCapFRESHCrypto market

Bitcoin dropped to $75,653 and recovered the decline in 11 hours - the crypto market followed it

While the US was counting votes in the congressional elections, BTC fell to a seven-week low and by Wednesday evening had recovered almost the entire decline.

PropMarketCapFRESHMacroeconomics and central banks

ADP: US private sector added 86K jobs in October - what does this mean for NFP

The ADP employment report for October was released on November 4 at 16:15 MSK: +86K private sector jobs versus the expected +69K and +90K the month before.

PropMarketCapFRESHProp industry

Profit target in the Horizon challenge at prop firm Upcomers lowered from 9% to 8%

Prop firm Upcomers (a company that, after selection, gives a trader its own trading account and shares profits) removed one percentage point from the profit target in the one-step Horizon challenge. The change was announced on November 4 and applies to an existing product; the company did not add new plans.

PropMarketCapFRESHCrypto market

BTC longs doubled in price: $430M in liquidations in 24 hours

The funding rate for Bitcoin perpetual futures on Binance rose to 0.01 — the highest in more than two months. Over the past 24 hours, positions worth over $430M were forcibly closed on the market, mostly longs.

PropMarketCapFRESHRegulation

SEC clarifies cryptocurrency regulation: CC token is a digital commodity, not a security

The SEC's Division of Corporate Finance (the US securities market regulator) announced on November 3 that it will not seek penalties for the issuance of the CC token of the Canton Network: in its assessment, it is a digital commodity, not a security. The token gained 4%.

PropMarketCapFRESHCurrencies, commodities and indices

Yen weakest among all currencies: dollar index at five-week low after US election

The DXY dollar index fell to 101.40 (-0.44% for the day) after the Democrats took both chambers of Congress. Yet the yen failed to capitalize on this: USD/JPY holds near 158.32, having lost just 0.24%.

PropMarketCapFRESHExchanges and infrastructure

Circle cut 5% of its staff: USDC stablecoin issuer closed the quarter with a $226 million profit

The issuer of the USDC stablecoin (a coin with an exchange rate pegged to the dollar) laid off about 5% of its employees and spent $9.1 million on it, even though net profit for the quarter grew. The reduction is mentioned in a footnote to the third-quarter report.

PropMarketCapFRESHMacroeconomics and central banks

EUR/USD at 1.1280: 4% eurozone inflation weighs on the ECB rate, dollar slumped after the elections

The euro gained more than 0.6% against the dollar on Wednesday and approached four-week highs. Two reasons came together at once: price growth in the eurozone accelerated to a three-year peak, and the Democrats won the US midterm congressional elections.

PropMarketCapFRESHCurrencies, commodities and indices

Pound at a seven-week high: GBP/USD has reached 1.3500

The pair rose to 1.3500 - its best level since mid-September, and was trading at 1.3473 at the time of publication. The DXY dollar index (the dollar's exchange rate against a basket of major currencies) was down 0.47% and fell to 101.40. The trigger came from the US: Democrats took both chambers of Congress.

PropMarketCapFRESHRegulation

Ukraine approved a law: 5% cryptocurrency tax and rules for exchanges from July 1, 2027

The relevant committee of the Verkhovna Rada supported bill No. 10225-d on regulating the crypto market - the document was prepared over three years. A second reading is ahead in November, with entry into force planned for July 1, 2027.