Update
Bitcoin Plunges Below $76,000
Bitcoin dropped below $76,000 for the first time since mid-September due to institutional outflows and liquidations. Nearly $250 million in leveraged crypto positions were liquidated over November 3 and 4, 2026, causing the price to break below the $76,000 mark. The drop played out over two days, with Bitcoin trading between $76,400 and $76,700, down around 2% on the day. The heavy concentration of long liquidations reflects individual positions getting flushed rather than a deeper structural breakdown.