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Top news of Friday, November 6, 2026

Our own summaries, always with the source linked. Facts only, never financial advice.

Morning edition · 06:00

Top story · Bitcoin

Bitcoin falls below $76,000 as about $1 billion in leveraged bets is wiped out

Bitcoin fell below $76,000 on Thursday, with a low near $75,500, as a selloff in US chip and tech stocks spread to the market. About $1.05 billion in leveraged positions was liquidated, almost nine in ten of them longs, according to figures cited by Crypto Economy.

  • Long positions were 88% of the roughly $1.05B liquidated; about 203,000 traders were closed out.
  • The total market lost about $140B in four hours; the 30-day Bitcoin-Nasdaq 100 correlation is about 0.68 (Bitfinex Alpha).
  • Friday's US jobs report is the next test; spot ETFs had just taken in $74.6M on Wednesday after three outflow days.
Crypto Economy · 6 Nov 2026

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