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Bitcoin Falls Below $76,000 as Chip Stocks Crash and Liquidations Hit $1 Billion: Why Is Crypto Down Today?

CoinSpeaker·November 6, 2026·1 min read
Bitcoin Falls Below $76,000 as Chip Stocks Crash and Liquidations Hit $1 Billion: Why Is Crypto Down Today?

A chip-stock crash sent Bitcoin below $76,000, wiped out $1 billion in longs and pulled $430 million from Bitcoin ETFs. The selloff hit crypto markets broadly, with liquidations concentrated in long positions. The decline reflects risk-off sentiment triggered by the tech sector slump.

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