Crypto Market Crash Sends BTC Below $76K as Liquidations Top $1B
Photo: The Coin Republic
Key Insights: The crypto market crash sent Bitcoin price to $75,463, its lowest level since Sept. 16. Crypto liquidations topped $1 billion in 24 hours, with longs accounting for nearly 90%. Bitcoin dipped below its 50-week moving average of $75,733. The crypto market crash deepened Thursday, November 5, 2026, as Bitcoin slid below $76,000 and technology stocks extended losses. Liquidations topped $1 billion after earlier data showed longs absorbed 88.4% of forced closures. Bitcoin briefly traded below its $75,733 weekly average as technology stocks sold off. The 24-hour crypto liquidation tally climbed to $1.03 billion, according to CoinGlass figures.
Source: The Coin Republic
