Bitcoin price remained near USD 76,000 on November 6 after the cryptocurrency gave back its post-election rebound in a sharp November 5 sell-off. The move took Bitcoin from above USD 80,000 earlier in the week to a level close to the previous UTC daily close.
The Investing.com Bitcoin page displayed a price of USD 76,088.5 at 12:26:49 Berlin time on November 6. It also showed a 24-hour volume of USD 49.81 billion, a market capitalization of USD 1.53 trillion and a first-place market ranking. The page listed a 52-week range of USD 57,832.5 to USD 107,461.3.
Daily basis shows limited rebound
For the required UTC comparison, the relevant reference is the close at 00:00 UTC on November 6. 24/7 Wall St. reported that Bitcoin closed at USD 75,969.06 on November 5, with the close corresponding to the start of November 6 in UTC. The Investing.com snapshot therefore represented a gain of about 0.16% from that basis, rather than a fresh daily decline. The same report said Bitcoin fell 5.5% during the November 5 session.
Leverage amplifies market pressure
The decline occurred alongside weakness in technology stocks and a broad reduction in exposure to risk assets. According to Proactive, published through Yahoo Finance, more than USD 1 billion in leveraged crypto positions were liquidated over 24 hours, including roughly USD 954 million in long positions. Bitcoin accounted for around USD 281 million of those liquidations.
The same report identified the USD 75,000 to USD 76,000 region as an important test. A break below that area could increase deleveraging pressure, while a sustained move above USD 80,000 would provide a clearer sign that short-term momentum is stabilizing. These are market reference levels, not assured outcomes.
Supply remains structurally limited
Investing.com listed Bitcoin's maximum supply at 21.00 million coins and its circulating supply at 20.11 million. Those figures describe the protocol's supply framework, but they do not remove the substantial short-term volatility visible in the current market. The Bitcoin price remains sensitive to liquidity, leverage, equity-market risk appetite and institutional flows.
More Bitcoin coverage is available on the Bitcoin topic page.
