Bitcoin Slips Below $77,000 as Chip Sell-Off Spreads and Fear Index Hits 26

Bitcoin Under Pressure

Bitcoin traded around $76,800-77,800 on 3 November 2026, down about 2% on the day.

What is weighing on it

• Tech sell-off: US chip stocks fell on AI spending worries, and Bitcoin often trades in step with tech.
• Binance hack: the record breach and $3.6 billion of net withdrawals hurt confidence.
• Midterms: traders are waiting for US election results.

The liquidation flush

On Friday, Bitcoin fell about 4% to near $76,400, and more than $1.3 billion of leveraged positions were liquidated. It steadied near $77,500 over the weekend.

Sentiment

The Fear & Greed Index read 26 (fear), down from 37. Very low readings have sometimes come near short-term bottoms, but they are not a timing signal on their own.

Prices differ by exchange and time. Educational content, not investment advice.