Bitcoin Price Today: Bitcoin (BTC) is trading at approximately $75,496.74 USD (equivalent to roughly ₹63.8 Lakh INR or ₹7,650,289 on local exchanges) as of today, November 6, 2026. The cryptocurrency has experienced a notable downward correction of about 4% to 6% over the last 24 hours, retracing from its recent multi-day highs that flirted with the $80,900 mark. 

Bitcoin Price Today, 6 November 2026

Bitcoin's core valuation metrics reflect an active market consolidation, with the spot price settling around $75,670 USD after a sharp 5.88% correction over the last 24 hours. High institutional spot ETF redemptions and a broader macro tech-sector rout have added continuous overhead pressure to key network metrics.

Bitcoin Price Today: Key Market Metrics

  • Market Capitalization: $1.52 Trillion. Controls roughly 59.98% of total crypto sector wealth.

  • 24-Hour Trading Volume: $48.75 Billion. Up over 30%, signaling high-volume distribution and liquidations.

  • Circulating Supply: 20.11 Million BTC. Roughly 95.7% of the terminal 21 million maximum cap is mined.

  • Short-Term Holder MVRV: 1.03. Recent buyers are hovering around a break-even cost basis of $76,000.

Market Capitalization: $1.52 Trillion. Controls roughly 59.98% of total crypto sector wealth.

24-Hour Trading Volume: $48.75 Billion. Up over 30%, signaling high-volume distribution and liquidations.

Circulating Supply: 20.11 Million BTC. Roughly 95.7% of the terminal 21 million maximum cap is mined.

Short-Term Holder MVRV: 1.03. Recent buyers are hovering around a break-even cost basis of $76,000.

Bitcoin Price Today: Core Market Drivers

  • Equity Market Contagion: The primary catalyst for the decline was a sharp sell-off in technology, chip, and AI stocks on Wall Street. This macro de-risking event pushed the Nasdaq into a correction phase, triggering automated stop-losses and forcing over $1 billion in leveraged crypto liquidations.

  • Supply Pressures: Reports emerged that Trump Media transferred roughly 4,259 BTC to Crypto.com ahead of a potential $1 billion debt note repayment due on November 30. Traders are front-running the market, pricing in the liquidity risk of a forced institutional sale.

  • Post-Election Hangover: The recent market rally driven by the U.S. midterm elections has completely cooled off. While a Democratic sweep initially provided a risk-on boost, the subsequent lack of immediate regulatory progress or policy surprises has led to profit-taking.

Equity Market Contagion: The primary catalyst for the decline was a sharp sell-off in technology, chip, and AI stocks on Wall Street. This macro de-risking event pushed the Nasdaq into a correction phase, triggering automated stop-losses and forcing over $1 billion in leveraged crypto liquidations.

Supply Pressures: Reports emerged that Trump Media transferred roughly 4,259 BTC to Crypto.com ahead of a potential $1 billion debt note repayment due on November 30. Traders are front-running the market, pricing in the liquidity risk of a forced institutional sale.

Post-Election Hangover: The recent market rally driven by the U.S. midterm elections has completely cooled off. While a Democratic sweep initially provided a risk-on boost, the subsequent lack of immediate regulatory progress or policy surprises has led to profit-taking.

Bitcoin Price Today: Critical Strategic Levels

  • The Make-or-Break Floor: The Short-Term Holder Market Value to Realized Value (STH MVRV) ratio at 1.03 points directly to $76,000 as the decisive technical battleground. Consistently closing daily candles below this level historically triggers a phase of short-term buyer capitulation.

  • Institutional Supply Lock: Despite cyclical liquidations, long-term structural demand remains solid. Approximately 33.32% of all circulating Bitcoin is locked up across institutional ETFs, public company treasuries, and major exchange reserves, minimizing structural downside risks.

The Make-or-Break Floor: The Short-Term Holder Market Value to Realized Value (STH MVRV) ratio at 1.03 points directly to $76,000 as the decisive technical battleground. Consistently closing daily candles below this level historically triggers a phase of short-term buyer capitulation.

Institutional Supply Lock: Despite cyclical liquidations, long-term structural demand remains solid. Approximately 33.32% of all circulating Bitcoin is locked up across institutional ETFs, public company treasuries, and major exchange reserves, minimizing structural downside risks.

Bitcoin is facing a short-term bearish consolidation, heavily constrained by macro equities correlation. While the long-term structural landscape remains fundamentally intact due to heavy institutional supply locks, the asset must decisively reclaim the $76,000 to $78,000 zone on daily closes to avoid falling toward the next major macro demand floor at $72,000.