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Bitcoin drops to $75K amid rising volume and fear, with coins spent at a loss and steady exchange reserves.

Market News
06 Nov 2026, 15:21 WIB
Tokenpost
View Source
Bearish
Bitcoin drops to $75K amid rising volume and fear, with coins spent at a loss and steady exchange reserves.

Bitcoin's price fell sharply to around $75,825, down 4.7%, accompanied by a 38% increase in trading volume, signaling heavy selling pressure. Market sentiment shifted from neutral to fear, with the Fear and Greed Index dropping to 28. On-chain data showed coins being spent at a loss and stable exchange reserves, indicating no major inflows or outflows. Despite increased network activity, buying demand has not recovered, suggesting cautious investor behavior amid the decline.

As of Nov 06, 2026 20:43 WIB, Bitcoin on Pluang trades at Rp1.369.481.301, down 5.14% in the last day, reflecting ongoing selling pressure consistent with the article's report of a sharp price fall. Trading activity on Pluang shows 64% of orders are sell orders, indicating cautious investor sentiment. The typical hold time on Pluang remains at 113 days, suggesting many investors maintain a medium-term outlook despite recent volatility.

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