UPDATE: Crypto market sheds $140B as BTC drops to $75,400
CIE News ·
Update to Crypto market sees $1.03B in liquidations as Bitcoin drops to $75,700
Based on reporting by The Block; not yet independently confirmed.
Between 15:00 UTC and 19:00 UTC on November 5, 2026, the crypto market lost roughly $140 billion, with BTC falling to an intraday low near $75,400 to $75,525.
Between 15:00 UTC and 19:00 UTC on November 5, 2026, the total cryptocurrency market capitalization shed roughly $140 billion in a 4.6% to 5.0% decline, reaching an intraday low near $2.53 trillion to $2.58 trillion. As previously reported, crypto markets tumbled alongside a steep drop in the Nasdaq Composite, which closed down 4.7% amid heavy losses in semiconductor stocks.
During the four-hour session, Bitcoin (BTC) dropped 5.65% to 5.89%, sliding from a high of $78,767 to $75,986 within an hour before touching an intraday low between $75,400 and $75,525. cryptoticker.io reported that total market capitalization fell to around $2.58 trillion with BTC dominance at 59.1%.
Altcoins experienced steeper declines over the same window. Ethereum (ETH) dropped 7.80% to $2,233.79, Solana (SOL) fell 6.22% to $89.55, and XRP fell 6.3% to $1.22. Prices stabilized just below the $76,000 level for BTC heading into late Thursday trading.
Key facts
- $140B market cap lost
- BTC touched $75,400–$75,525
- ETH fell 7.80% to $2,233.79
- Nasdaq declined 4.7%
Read the original at The Block