Bitcoin Falls Below $76,000 as Crypto Liquidations Top $1.2 Billion

$1.2B Liquidated: Over 88% of forced closures affected long positions as BTC slid below $75,000. Tech Sell-Off Impact: A heavy Wall Street decline in AI and chip stocks directly dragged down digital assets. Institutional Outflows: U.S. spot Bitcoin ETFs shed $430.2M in a single session alongside rising Treasury yields. Bitcoin fell below $76,000 late in the U.S. trading session on November 5 and briefly dropped below $75,000 , its lowest level in about seven weeks, as a tech stock sell-off spilled into the digital asset market.