Bitcoin slipped below US$77,000 on Tuesday 3 November 2026, extending a slide that has left the world’s largest cryptocurrency about 39% below its all-time high. The coin traded at about US$76,500–US$76,800 during the day, down nearly 2% in 24 hours, according to market reports from CoinJuice, CNBC TV18 and KuCoin.
ETF outflows lead the pressure
U.S. spot Bitcoin exchange-traded funds recorded about US$643 million in net outflows on 30 October, their largest single-day withdrawal since June, according to CNBC TV18’s report. The selling continued into the new week, with about US$398 million withdrawn on Monday, according to SoSoValue data cited by Invezz, after about US$203 million in net outflows during the final week of October. Institutional fund withdrawals, uncertainty over U.S. interest rates and a cautious global market environment are weighing on sentiment, the CNBC TV18 report says. Around US$366 million in cryptocurrency positions were liquidated over 24 hours, according to CoinGlass data cited in the same report.
Treasury buyers step in — above today’s price
Not every institution is selling. Strategy bought 811 BTC for about US$65.5 million between 26 October and 1 November, at an average of US$80,846 per coin, according to its 8-K filing cited by CoinJuice. Its holdings now total 849,327 BTC at an average cost of US$75,451 — meaning today’s price sits just 1.4% above Strategy’s overall average cost, but about 5.4% below what it paid for its latest purchase. Analysts are watching the US$75,597 level, the 50-week simple moving average, as the next support; a sustained break below it could expose the 200-week average near US$67,776, according to Invezz’s technical summary.
A caution for readers
Cryptocurrency prices are volatile, and technical levels are analysts’ readings, not guarantees. This post reports market movements; it is not investment advice, and anyone considering buying should understand they can lose money quickly in a falling market.
