Why Bitcoin Is Dropping: $1B ETF Exodus and Tech Rout Push BTC Below $76K

Investors analyzing why is Bitcoin dropping are pointing to a confluence of U.S. technology stock losses, massive leveraged position liquidations, and significant spot ETF capital outflows. Crypto markets experienced a sharp downturn as digital assets tracked a broader retreat in equity markets. Macro Pressures: Why Is Bitcoin Dropping Alongside U.S. Tech Stocks? Bitcoin fell more than 6% toward $75,000 on Nov 6, erasing a brief recovery above $80,000 . The cryptocurrency traded down about 6.3% over 24 hours to around $75,388 as losses in U.S. technology stocks spread into digital asset markets.