CryptoMedium•6 November 2026•
1 min read
Bitcoin Drops Below $76,000 as Liquidations Hit $1 Billion
Key Facts
1Bitcoin price fell to an intraday low of $75,525, breaking below the $76,000 support level.
2Derivative platforms recorded the liquidation of $1.053 billion in leveraged positions within 24 hours.
3The total crypto market capitalization lost approximately $140 billion within a four-hour window.
Bitcoin price fell to an intraday low of $75,525, breaking below the $76,000 support level. Altcoin Buzz reported that derivative platforms recorded the liquidation of $1.053 billion in leveraged positions within 24 hours, while the total crypto market capitalization lost approximately $140 billion within a four-hour window.
The drop followed a broad selloff in US tech stocks, leading to a 5.4% decline in the total crypto market capitalization. Bitcoin ETFs logged $430 million of net outflows in a single day, led by Fidelity's FBTC at approximately $200 million and BlackRock's IBIT at $105 million, according to Altcoin Buzz.