ECB keeps deposit rate at 2.50% as BTC rises to €71,422
CIE News ·
Based on reporting by CryptoSlate; not yet independently confirmed.
The ECB held its deposit facility rate at 2.50% on November 5, 2026, while Bitcoin gained 3.81% against the euro to reach €71,422 amid diverging policy from the U.S. Federal Reserve.
The European Central Bank confirmed on November 5, 2026, that it maintained its deposit facility rate at 2.50%. The move highlights an ongoing monetary divergence from the U.S. Federal Reserve, which keeps its benchmark interest rate between 3.75% and 4.00%.
Following the decision, Bitcoin (BTC) rose 3.81% against the euro to €71,422, bringing its total market capitalization to €1.436 trillion across a circulating supply of 20,105,365 BTC. Trading activity in the pair remained measured, registering €32.13 billion in 24-hour volume as European fund managers maintained cautious positions prior to pending U.S. macroeconomic reports.
Derivatives markets also face near-term volatility, with CryptoSlate reporting that approximately $2.7 billion in Bitcoin options contracts across 33,441 BTC are scheduled to expire at 08:00 UTC on November 6, 2026, on Deribit. That expiration sits at a maximum pain price of $79,000, roughly five and a half hours prior to the release of the U.S. employment report.
Key facts
- ECB held deposit rate at 2.50%
- BTC/EUR rose 3.81% to €71,422
- 24h euro BTC volume was €32.13B
- $2.7B BTC options expire Nov. 6
Read the original at CryptoSlate