Bitcoin Slips Back to the $75,000 Area With Tech Stocks as Over $1 Billion in Leveraged Positions Are Liquidated

Bitcoin fell back to the $75,000 area on Friday, 6 November 2026 (15 Aban 1405). In Sahmino's data it closed at $80,184 on 4 November (that day's high was $80,861), closed at $76,121 on 5 November, and traded at about $75,604 at 11:29 Tehran time on Friday; today's low is $75,327. That is 5.7 percent below the 4 November close and 29.6 percent below the 52-week high of $107,428 (11 November 2025).

Mehr, citing Crypto News, writes that bitcoin lost part of its gains in a new wave of selling after it had again crossed $80,000. The drop came alongside the Nasdaq's 5.5 percent fall on Thursday and worries about technology valuations and AI spending. According to derivatives-market data Mehr cites, more than $1 billion of leveraged positions were liquidated in 24 hours, mostly leveraged longs. US bitcoin exchange-traded funds also saw outflows; Mehr puts the outflow in the days since the cyberattack on Binance at about $1 billion, with a large share coming from BlackRock's IBIT.

Analysts quoted in the same report see $75,000 as important support and say a hold below it could open the way to about $73,000.