Bitcoin Falls Below $76,000 as Crypto Liquidations Cross $1 Billion Amid Tech Selloff
Bitcoin fell below $76,000 on November 5, 2026, as a broader technology-stock selloff pressured cryptocurrency markets. CoinGlass reported $1.03 billion in 24-hour crypto liquidations, including approximately $925 million in long positions. Bitcoin also briefly moved below its 50-week moving average at $75,733. The decline followed a post-election rebound that had taken BTC to $81,105 on Wednesday.