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Bitcoin drops to $76K amid $600M crypto liquidations; S&P 500 loses $2T in 40-minute selloff

Market News
05 Nov 2026, 17:42 WIB
Tokenpost
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Bearish
Bitcoin drops to $76K amid $600M crypto liquidations; S&P 500 loses $2T in 40-minute selloff

Bitcoin's price fell to $76,000 as forced liquidations in the crypto market approached $600 million within an hour. At the same time, the S&P 500 index experienced a rapid selloff, losing $2 trillion in market value over 40 minutes. These simultaneous sharp declines highlight increased volatility and risk in both digital assets and U.S. stocks. The figures reflect different types of market activity but together indicate a significant market downturn.

Bitcoin's recent sharp decline is underscored by a breadth of 50 major cryptocurrencies on Pluang, where only 3 rose and 46 fell as of Nov 05, 2026 22:52 WIB. For readers following cryptocurrency markets, Kusama (KSM) dropped 9.94% to Rp57.468 with a typical hold time of 81 days and 100% buy order activity; Harmony (ONE) fell 9.81% to Rp19 with 67% sell order activity; and VeChain (VET) declined 9.78% to Rp97 with 81% sell order activity. This data highlights widespread selling pressure across these digital assets on Pluang's platform.

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