Bitcoin Price Tumbles Below $77,000 in Tech Stock Selloff
By Jamie Redman
Bitcoin surrendered $5,046 from its Nov. 4 peak as a technology stock selloff rattled cryptocurrency markets Thursday, Nov. 5, 2026. Bitstamp data showed BTC falling from $81,105 to $76,059, with selling accelerating around 10 a.m. Eastern time. The decline erased Wednesday’s post-election recovery as semiconductor…
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Explained in this story
Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencySemiconductor
A material, usually silicon, used to make the chips that process and store information in electronic devices.
Chips power everything from phones to cars, so their supply has become a strategic issue for governments.
More about SemiconductorMore in Markets
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