Crypto Market Analysis Today (Nov 6, 2026): Bitcoin Drops to $76K on Tech Sell-Off, $1B Liquidated, Monero Holds Firm

Crypto market analysis today (November 6, 2026): One day after reclaiming $80,000, Bitcoin fell back to about $76,200. A sharp sell-off in US tech and AI stocks dragged the whole market down. More than $1.08 billion in leveraged positions were liquidated, most of them longs. ETH dropped about 6%, SOL tested its 200-day moving average, and every major crypto sector finished in the red. One big coin held up: Monero (XMR) stayed around $636 and kept outperforming. Below we cover the key levels, what to watch with today's $2.65 billion options expiry and jobs report, and why moving to SecureShift DEX makes sense in a volatile market.

Crypto Market Snapshot: November 6, 2026

Prices are approximate as of the morning of November 6, 2026 and move fast. Check live rates before you trade.

What Happened: A Tech Sell-Off Drags Crypto Down

The trigger came from outside crypto. On November 5, US chip and AI stocks fell hard. The Nasdaq dropped about 5.3%, its biggest one-day fall in 19 months, and the S&P 500 lost more than 4%. Investors are reassessing AI valuations and the chance of tighter tech regulation now that the midterms have produced a Democrat-controlled Congress. Crypto still trades like a high-beta tech asset, so it followed the sell-off. Total crypto market cap fell almost 5%.

Leverage made it worse. Over $1.08 billion in positions were liquidated across more than 207,000 traders, and about $954 million of that came from longs that had piled in during the post-midterm rally.

Bitcoin Price Analysis: $75K Is the Line to Hold

Bitcoin swung from a high of about $80,900 to a low near $75,460 in a single session. It now trades around $76,200, roughly 40% below its $126,080 all-time high. The 14-day RSI is near 39. That is weak, but not yet oversold.

• Options expiry today: About $2.65 billion in BTC options expire on Deribit at 08:00 UTC. Max pain is $79,000 and the put/call ratio is 0.33. With calls far outnumbering puts, many of those bullish bets are expiring worthless.
• ETF flows improved slightly: US spot Bitcoin ETFs recorded about $75 million in net inflows on November 4, ending a three-day outflow streak.
• Levels:$75,000 is key support. A daily close below it opens the way to $70,000. Bulls need to reclaim $79,000–$80,000 to undo the damage.

Ethereum Price Analysis: Back Under $2,300

Ethereum gave back all of yesterday's breakout. It fell about 6.4% to around $2,260, back below the $2,280 level it had just reclaimed. The next support is $2,170. A recovery would need ETH to retake $2,400, and then $2,500, to turn the trend positive.

Monero (XMR) Price Analysis: Privacy Coins Ignore the Sell-Off

The strongest chart of the day belongs to Monero. While most of the market fell 5–8%, XMR held around $636. It is up more than 100% since July and about 22% from its October low near $520. The old resistance at $620 now acts as support, with $600 below it. RSI is approaching 70 and volume supports the move. A clean break above $650 would put $680 in play.

Why is XMR holding up? Major exchanges keep delisting or restricting it, but demand hasn't gone away, so more of that demand is moving to non-custodial routes. You can swap BTC or USDT to XMR on SecureShift DEX with no account and no KYC.

Solana and XRP: Testing Major Support

Solana (SOL) fell 6–8% to about $89.80 and tested its 200-day moving average near $88.90 for the first time since August. Holding there matters. Losing it would be a clear bearish signal. XRP slid about 5.6% to around $1.24, with $1.20 as the next important floor.

Market Sentiment and Macro: Fear Returns

Sentiment fell back into "Fear". Gold is holding near $4,150 as Treasury yields drop. The next catalyst is today's US Non-Farm Payrolls report. Jobless claims just hit a 57-year low, so a strong jobs number could push back expectations for Fed rate cuts, which would be another headwind for risk assets.

Volatile Day? Here's Why Self-Custody Matters

Days like this show where the risk sits in crypto. Most of the $1 billion+ in liquidations happened on centralized platforms, where users had leveraged positions and their funds sat in exchange wallets. Big market moves also bring withdrawal queues, "under maintenance" banners and surprise compliance reviews. Earlier this week Binance froze withdrawals for about three days after its $6.3 billion breach.

If your plan in a sell-off is to rotate into BTC, rotate into XMR or move to stablecoins, the safest way to do it is without depositing anywhere.

Why Use SecureShift DEX in This Market

• Non-custodial: Swaps are routed through decentralized liquidity, not a SecureShift-held balance. Your coins never sit in an exchange wallet.
• No account, no KYC: No sign-up and no ID upload, so there is no account that can be frozen, restricted or put under review in the middle of a crash.
• Native assets to your wallet: Swap BTC, ETH, XMR, SOL, USDT and more straight to your own address.
• No leverage traps: Spot swaps only, so no forced liquidations.
• Privacy-first: Full Monero support, which matters now that XMR is one of the few assets showing strength.

Swap on SecureShift DEX. It takes about a minute, and the coins go straight to your wallet.

What to Watch Next

1. BTC $75,000: A daily close below it targets $70,000.
2. $2.65B options expiry: Watch for volatility around the 08:00 UTC settlement.
3. US jobs report: A hot number could push Fed rate-cut hopes further out.
4. Tech stocks: Crypto will likely keep following the Nasdaq in the short term.
5. XMR $650: A breakout would confirm privacy-coin strength while the rest of the market is weak.

FAQ: Crypto Market Today

Why is crypto down today?

A sharp sell-off in US tech and AI stocks (the Nasdaq fell about 5.3%) spilled into crypto. More than $1 billion in leveraged long positions were then liquidated, which pushed prices lower still.

What is Bitcoin's key support level?

$75,000. A daily close below it could open a move toward $70,000. Resistance is $79,000–$80,000.

Why is Monero holding up while Bitcoin falls?

XMR has steady demand from privacy-focused users, and fewer exchanges list it, so a larger share of buying goes through non-custodial swaps. That supply-and-demand imbalance has helped it outperform.

How can I protect my crypto during a market crash?

Avoid high leverage, don't keep large balances on exchanges, and use non-custodial tools such as SecureShift DEX to swap straight into a wallet you control.

Disclaimer: This crypto market analysis is for informational purposes only and is not financial advice. Cryptocurrency prices are highly volatile. Always do your own research.