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Bitcoin Under $76,000 After $430M ETF Outflows. Has It Bottomed?

Fidelity’s fund drew $42.8 million as BlackRock’s IBIT led the selling, while forced liquidations topped $879 million, analysts said.

  • On November 5, 2026, investors withdrew $430.2 million from U.S. spot Bitcoin ETFs as Bitcoin's price sank roughly 6% to around $76,000 during a broad stock market rout.
  • Michael Saylor, co-founder of Strategy Inc., labeled November 5 a '4-sigma day' for equities; the Nasdaq fell 5.52% and forced liquidations totaled about $880 million, amplifying the risk-off environment.
  • Market participants withdrew $411.9 million on November 6, extending the week's two largest outflow days; despite these redemptions, cumulative inflows into Bitcoin ETFs since launch remain at $56.18 billion.
  • Bitwise head of research Andre Dragosch stated these withdrawals reflect a "short-term risk-off environment" rather than a structural change in institutional sentiment, noting most institutional investors maintained their positions.
  • Bitcoin has faced two 'liquidation cascades' in under two weeks, suggesting continued volatility; Cardiff CEO Dean Lyulkin noted household balance sheets remain 'considerably stronger today' than during the 2008 financial crisis.
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Bitcoin is showing weakness around the $75,000 level. This is attributed to dampened investor sentiment resulting from growing concerns that cryptocurrency regulations may be tightened following the U.S. midterm elections, coupled with capital outflows from U.S. spot exchange-traded funds (ETFs). As of 8:30 AM on the 10th, according to the global cryptocurrency market data site CoinMarketCap, Bitcoin was trading at $75,191, down 0.35% from 24 ho…

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The updated value of Bitcoin and the comparison with the previous day.The keys to understanding the volatility of the main cryptocurrency in the market.

·Buenos Aires, Argentina
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MyCryptoParadise broke the news on Tuesday, November 3, 2026.
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