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Guilherme Tavares

· Geral

Bitcoin today (05/11): 7-week low with Nasdaq plunge and ETF outflows

₿ BITCOIN NOW — 05/11/2026 BTC: ~US$ 76,000 | 24h: ~-5.1% | 24h High: ~US$ 81,100 | 24h Low: ~US$ 75,500 (approximate values at close of this summary) A day of strong volatility: Bitcoin retook US$ 81 thousand on Wednesday, in a relief rally after the US midterm elections, but plummeted on Thursday to a seven-week low, pressured by the tech stock selloff and ETF outflows. 📰 WHAT HAPPENED TODAY 1. BTC falls ~6% with Nasdaq plunge The selloff in technology and semiconductor stocks (Qualcomm ~-10%) knocked BTC from the peak of US$ 81,105 to the intraday low of US$ 75,468. ~US$ 838 million were liquidated in 24h, 88% in long positions. 💡 Why it matters: BTC continues trading glued to stock market risk appetite. Source: Bitcoin.com News / Bloomberg 2. Spot ETFs with billion-dollar outflows Bitcoin ETFs in the US lost more than US$ 1 billion between Friday and Monday, with an outflow of US$ 115 million on Tuesday and a timid inflow of US$ 74 million on Wednesday. 💡 Why it matters: weak institutional demand removes the main buyer support from the market. Source: CoinDesk (SoSoValue data) / Bitcoin.com News 3. Wednesday's rally was a short squeeze The recovery of US$ 80 thousand came from the liquidation of ~US$ 450 million in short positions, with Coinbase Premium still negative — a sign of weak spot demand, according to CoinDesk. 💡 Why it matters: a rally without spot buying tends to be fragile, as today confirmed. Source: CoinDesk 🔗 SOURCES www.coindesk.com/daybook-us/2026/11/05/bitcoin-is-resilient-but-leverage-is-missing-and-demand-still-tepid news.bitcoin.com/market-updates/bitcoin-price-tumbles-below-77000-in-tech-stock-selloff news.bitcoin.com/bitcoin-etf/bitcoin-price-holds-78k-as-etf-outflows-slow-to-116m Day summary: extreme volatility, seven-week low and still tepid institutional demand. Informational content; not an investment recommendation.

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