Crypto Market Today, November 6, 2026: Bitcoin Holds Near $75,800
Bitcoin was little changed on the day after a dip below $75,000 and $1.1B in liquidations, while sentiment fell to Fear and regulators made several moves.
Bitcoin traded at about $75,782, down 0.2% over 24 hours, and Ether sat near $2,228, down 0.5%, according to FudPanic market data. XRP was the weakest of the major tokens tracked, falling 4.1% to $1.17, while SUI gained 2.4% and LTC, ADA and LINK each rose between 1.3% and 1.5%.
The calm daily figures hide a rougher session. Cryptopolitan reported that bitcoin slid from around $80,000 as an AI stock sell-off spread across Wall Street, and a short Watcher.Guru alert said the price briefly dropped below $75,000.
Liquidations and a strong jobs report
Cryptopolitan said roughly $1.1 billion in leveraged positions were liquidated over 24 hours, most of them longs. It put Ether's drop at more than 7%, to $2,247. That differs from the smaller 24-hour move in FudPanic's snapshot, so the figures likely reflect different time windows. Cryptopolitan also noted that liquidations are separate from ETF redemptions, which show up in fund-flow data.
Separately, Wu Blockchain reported that US nonfarm payrolls rose by 165,000 in October against a 65,000 forecast, with September revised up to 60,000. Unemployment fell to 4.1% from an expected 4.2%, and wages rose 0.4% on the month and 3.1% on the year. The summary of that report said a hot jobs print can push back rate-cut expectations, which matters for risk assets. None of the sources directly tie today's crypto move to the data.
Enforcement and security stories
The US Treasury said a FinCEN order cuts MEXC Global off from the US financial system over transactions linked to sanctions evasion by Iran, North Korea and Russia, according to a Reuters report relayed by Unfolded. In China, Wu Blockchain reported that the People's Bank of China found Solana promoted through ads in Shanghai's Lujiazui district, halted planned Solana Accelerate China 2026 events and will investigate those involved. SOL was up 0.5% on the day to $89.88.
On security, Decrypt reported that Elliptic estimates about $3.1 billion stolen from Binance has not yet been laundered. The funds are spread across more than 20,000 wallets on 16 blockchains, and most of the stolen ETH and BTC has not moved. The Cryptonomist reported that Korean exchange GOPAX suspended withdrawals on November 6 after an emailed hack threat and is shifting most hot-wallet assets to cold storage. No loss has been reported so far.
Elsewhere, The Defiant reported that Strive posted a $474.8 million third-quarter profit on bitcoin gains. It also flagged preferred dividends of about $287.4 million a year at November rates.
Sentiment and what to watch
FudPanic's Fear & Greed index read 34 (Fear), down from 48 yesterday and 51 a week ago.
Several items are still unresolved. Bloomberg reportedly said a rule that would let 401(k) plans hold crypto has reached the White House for final review. The final text and timing are not yet known. A Hyperliquid treasury company told CoinDesk it is seeking to set up a US futures commission merchant, but it gave no approval timeline. HYPE traded at $78.29, up 0.5%.
On the calendar, The Defiant said Bank of Russia rules for bitcoin, ether and USDT purchases are cleared for November 17. Non-qualified investors face a test and a 300,000-ruble annual cap per intermediary, and Moscow Exchange is targeting a December 1 rollout. The Block reported that Nigeria's central bank now requires local licenses for stablecoin issuers and bans algorithmic stablecoins. Also open are the PBOC investigation, any confirmed breach at GOPAX and any movement of the stolen Binance funds.
Sources
- Bitcoin falls to $75,700 as AI stock rout triggers crypto liquidations Cryptopolitan
- Rule That Would Allow Crypto in 401 (K)'S Has Arrived at the Whitehouse for Final Review: Bbg | AI comment Unfolded
- Hyperliquid treasury firm seeking U.S. regulatory nod as a domestic futures platform CoinDesk
- $3.1B in Stolen Binance Crypto Has Yet to Be Laundered: Elliptic Decrypt
- China's Central Bank to Investigate Solana's Advertising Campaign in Shanghai's Lujiazui District Wu Blockchain
- US October Nonfarm Payrolls Rise by 165K, Beating 65K Forecast Wu Blockchain
- US Treasury Says Fincen Order Cuts Off Mexc Global from US Financial System Over Transactions Linked to Sanctions Evasion by Iran, North Korea, Russia: Rtrs Unfolded
- Bitcoin falls under $75,000 Watcher.Guru
Written with AI assistance from the sources above and checked against them. Not investment advice.