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Bitcoin Falls Below $76,000 as ETF Outflows Accompany Wider Market Sell-Off

Source publication time: November 6, 2026, at 18:25:50 UTC+8. Prices and market figures below reflect that report, not live data.

Bitcoin fell below $76,000 and Ether slipped under $2,300 as cryptocurrency losses coincided with a sharp retreat in technology stocks and Asian equity markets, according to PANews’ November 6 market roundup. U.S. spot Bitcoin and Ether exchange-traded funds both recorded net outflows for November 5.

Bitcoin retreats as ETF flows reverse

Bitcoin traded at $75,721 at the report’s publication, down 5.9% over 24 hours, 3.4% over seven days and 9.9% over 30 days. Its market capitalization stood at approximately $1.52 trillion.

PANews reported that Bitcoin had previously rebounded to $81,200 following an incident it described as a Binance theft. The subsequent decline erased that rebound.

According to SoSoValue data cited in the report, U.S. spot Bitcoin ETFs recorded $430 million in net outflows on November 5, reversing net inflows of $74.5677 million in the preceding session. Fidelity’s FBTC led withdrawals with $200 million, followed by BlackRock’s IBIT at $105 million.

Derivatives positioning added another source of uncertainty. Approximately $2.64 billion in Bitcoin options were scheduled to expire on Deribit at 16:00 on November 6. The reported put-to-call ratio was 0.38, with a maximum-pain level of $79,000. Call positions were concentrated at $82,000 and $85,000—well above the reported spot price.

Ether losses deepen

Ether traded at $2,230, down 7.9% over 24 hours, with a market capitalization of approximately $272.4 billion.

U.S. spot Ether ETFs recorded $99.9677 million in net outflows on November 5. BlackRock’s ETHA accounted for $75.203 million, while ETHB recorded $21.9878 million in withdrawals. The preceding session had brought $53.02 million in inflows, briefly interrupting a five-session outflow streak.

Ether perpetual funding turned negative at -0.0004%. Reported open interest fell from $2.004 billion on November 5 to $1.708 billion, although the long-to-short account ratio rose from 2.6 to 3.36.

Approximately $224.5 million in Ether options were due to expire on Deribit on November 6. Their put-to-call ratio was 1.27, with maximum pain at $2,350 and another sizeable concentration of positions near $2,100.

Among other major tokens, XRP fell 9.8% and SOL declined 6.9% over 24 hours. ZRO dropped 11.4%, the largest decline among the top 100 cryptocurrencies in the roundup.

Equity weakness and policy uncertainty frame the risks

PANews linked the crypto retreat to the technology-stock sell-off. CryptoQuant analyst Axel Adler Jr. attributed that equity weakness to concerns about slower AI infrastructure expansion and warned that continued stock-market selling could leave cryptocurrencies exposed to further reductions in holdings. This was an analyst assessment, not an established forecast.

Asian markets also fell sharply. South Korea’s KOSPI closed down 6.02% at 5,059.69 after an early circuit-breaker episode. Japan’s Nikkei 225 lost 5.96% to 57,434.70, putting it 20% below its June peak—a technical bear market. Hong Kong’s Hang Seng fell 1.27%, while the Shanghai Composite declined 1.10%.

The roundup also cited policy uncertainty. According to CNBC reporting relayed by PANews, Democratic gains in the U.S. midterm elections could delay the CLARITY Act until 2028. The Wall Street Journal was cited as reporting that Senator Elizabeth Warren was expected to lead the Senate Banking Committee. Both developments were presented as prospective, rather than settled outcomes.

Read the original PANews article.

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