Bitcoin Magazine reports that Bitcoin's price fell from over $80,800 to around $76,600 on Thursday morning. This decline followed a selloff in Nasdaq tech stocks, particularly in chip and AI sectors, which affected the crypto market. The drop wiped out leveraged long positions, contributing to the price crash.

Based on the Bitcoin Magazine report; not independently verified.

Source published: Thu, 05 Nov 2026 15:48:18 +0000

[Read the original report](https://bitcoinmagazine.com/markets/bitcoin-price-drops-below-75000-tech)

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