Bitcoin recovers $76,000 level as ETFs shed $430 million after tech rout
Bitcoin recovered above $76,000 Friday after dropping below that level during Thursday's tech-driven market rout.
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Bitcoin recovered above $76,000 Friday after dropping below that level during Thursday's tech-driven market rout.
Bitcoin ETF outflows reached $430M as Hong Kong expanded its spot BTC market and wealth managers increased cryptocurrency exposure.
A positive day for US spot Bitcoin ETFs gave way to a $430.2 million withdrawal. Fidelity’s fund accounted for most of the swing between sessions, while BlackRock’s fund recorded outflows on both days. The individual funds show how quickly one…
Bitcoin has experienced another difficult trading period, leaving investors wondering whether the latest decline signals further weakness or an opportunity for a Bitcoin price recovery. Despite the recent selling pressure, we believe there are reasons to remain optimistic about Bitcoin’s longer-term prospects.
Bitcoin fell to $75,463, its lowest level since Sept. 16, after the post-election rally reversed. The Nasdaq lost 5.5% in a session driven by a sell-off in AI stocks. More than $1 billion in crypto derivatives positions were liquidated in 24 hours, per CoinGlass.
Bitcoin fell more than 6% on Friday as a sharp rout in US technology stocks spread into cryptocurrencies, wiping out a brief recovery above $80,000 and triggering widespread forced selling.
Bitcoin has fallen more than 6% towards $75,000 on November 6 as a major sell-off in US technology stocks and heavy leveraged liquidations have put renewed pressure on the cryptocurrency market. According to crypto.news data, Bitcoin (BTC) traded at $75,388…
A post-midterm tech selloff hit Asia on Friday, triggering a circuit breaker in Seoul and pushing Japan’s Nikkei into a bear market, while bitcoin held just above $75,000.
The significant outflow from BlackRock's Bitcoin ETF highlights shifting investor sentiment and potential volatility in cryptocurrency markets.
Investor withdrawals from BlackRock's Bitcoin ETF may signal waning confidence in Bitcoin's short-term price stability and market sentiment.
Grayscale highlighted a 10% projected compound annual bitcoin return in JPMorgan Asset Management’s long-term assumptions, exceeding estimates for other asset classes. The firm’s analysis connected growing institutional recognition with potential diversification benefits and substantial price risk.
Ben Cowen says the Nasdaq has erased its post-midterm gains, and a 2018-style selloff could send Bitcoin back to $58,000.
Bitcoin’s rise after the elections was short-lived. After hitting the $80,000 mark on Wednesday, it fell to $75,700 on Thursday, which is 6% less than the previous day, as the AI stocks crash spread on Wall Street.
A single trader lost 201 BTC, worth about $15.6 million, in eight successive liquidations. The wipeout came as a sharp Wall Street selloff rattled crypto markets. The episode shows how quickly high leverage can erase large positions during sudden market swings.
Anyone trying to move vulnerable bitcoin would have to put up matching collateral, giving prepared owners a chance to take both.
Michael Saylor compared a sharp equity sell-off and bitcoin’s retreat with Strategy’s preferred stock trading near par. His assessment followed the company’s shift to daily dividends and the shares’ return to their $100 benchmark.
The total market capitalization of the crypto sector lost approximately $140 billion in four hours. Derivative platforms recorded the liquidation of $1.053 billion in leveraged positions within 24 hours. The price of Bitcoin falls below $76,000, marking an intraday low of $75,525.
Bitcoin’s election rally lasted barely a day. After climbing above $80,800 following Tuesday’s US midterms, the cryptocurrency plunged toward $75,500 on Thursday, November 5.
Michael Saylor believes Bitcoin is poised for a significant bull market, potentially lasting up to three years, following increased institutional interest.
Michael Saylor recently amplified a tweet discussing how $STRC can reshape Bitcoin exposure for investors seeking stability.
Michael Saylor's latest tweet analyzes the significant drop in equities and its implications for Bitcoin.
Grand Cayman, Cayman Islands, Nov. 5, 2026 – Bond 3 of Bitcoin staking with Stacks has sold out, with institutional participants including 21shares and Bullish (NYSE: BLSH), staking BTC on the Bitcoin L1 to earn BTC with Stacks.
The market downturn signals increased risk aversion, potentially impacting investment strategies and economic stability globally.
The Nasdaq 100's plunge signals a broader tech market downturn, impacting cryptocurrencies and reducing confidence in Bitcoin's near-term growth.
BlackRock's spot bitcoin ETF filing takes center stage in a new book, shedding light on key insights and market implications.
Bitcoin has fallen below $76,000 on Nov. 5 as a cryptocurrency selloff has wiped out $954.38 million in leveraged long positions, pushing total 24-hour liquidations to $1.08 billion. According to CoinGecko, Bitcoin fell 5.8% over the past 24 hours to…
Are whales quietly buying Bitcoin while everyone else sells? On-chain data says yes, as large wallets added about 60,000 BTC in October even while US spot Bitcoin ETFs saw money flow out. That split matters now.
The post-election rally quickly reversed as AI stocks plunged, but cryptocurrencies held up relatively better despite a $1 billion liquidation wave.
The report highlights Bitcoin's market volatility impact on corporate profits, influencing future market sentiment and investment strategies.
Trump Media-linked wallets transferred 4,259 BTC, worth approximately $342 million, to Crypto.com in two transactions. The amount almost matches the 4,260.73 BTC previously disclosed as collateral for the company’s convertible notes.