{"id":25110,"date":"2026-11-08T22:30:09","date_gmt":"2026-11-08T22:30:09","guid":{"rendered":"https:\/\/cryptoted.net\/index.php\/2026\/11\/08\/bitcoin-price-stalls-below-76k-as-major-altcoins-suffer-double-digit-losses-market-watch\/"},"modified":"2026-11-08T22:30:09","modified_gmt":"2026-11-08T22:30:09","slug":"bitcoin-price-stalls-below-76k-as-major-altcoins-suffer-double-digit-losses-market-watch","status":"publish","type":"post","link":"https:\/\/cryptoted.net\/index.php\/2026\/11\/08\/bitcoin-price-stalls-below-76k-as-major-altcoins-suffer-double-digit-losses-market-watch\/","title":{"rendered":"Bitcoin price stalls below $76K as major altcoins suffer double-digit losses: Market watch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"is-style-lead\">Bitcoin price has remained below $76,000 during Sunday\u2019s trading session as the cryptocurrency market approaches another negative weekly close, with several major altcoins recording double-digit losses over the past seven days.<\/p>\n<div id=\"cn-block-summary-block_52aae8e7e0d35691ffc9cf0308a81a17\" class=\"cn-block-summary\">\n<p>\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/p>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin price remained below $76,000 on Sunday after falling nearly 3% over the preceding seven days.<\/li>\n<li>NEAR, Bitcoin Cash, Hyperliquid and Stellar posted double-digit weekly declines as altcoin selling continued widely.<\/li>\n<li>U.S. spot Bitcoin ETFs recorded $1.28 billion in withdrawals during the November 2\u20136 trading week.<\/li>\n<li>TRON and Zcash gained over the week, contrasting with falling prices across several major altcoins.<\/li>\n<li>Analyst Micha\u00ebl van de Poppe identified $76,000 as Bitcoin\u2019s immediate threshold for renewed upward momentum.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The November 8 <a href=\"https:\/\/crypto.news\/market-cap\/\">market data<\/a> showed Bitcoin price trading near $75,882, down nearly 2.69% over the week. Although the cryptocurrency experienced relatively little movement during the weekend, its failure to recover above $76,000 followed several volatile sessions that pushed prices briefly below $75,000.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"627\" src=\"https:\/\/media.crypto.news\/2026\/11\/image-49-1024x627.webp\" alt=\"Bitcoin price chart, source: crypto.news\" class=\"wp-image-14489247\" srcset=\"https:\/\/media.crypto.news\/2026\/11\/image-49-1024x627.webp 1024w, https:\/\/media.crypto.news\/2026\/11\/image-49-300x184.webp 300w, https:\/\/media.crypto.news\/2026\/11\/image-49-768x470.webp 768w, https:\/\/media.crypto.news\/2026\/11\/image-49-1380x845.webp 1380w, https:\/\/media.crypto.news\/2026\/11\/image-49-880x539.webp 880w, https:\/\/media.crypto.news\/2026\/11\/image-49.webp 1856w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption class=\"wp-element-caption\">Bitcoin price chart, source: crypto.news<\/figcaption><\/figure>\n<p>Selling pressure has been more pronounced among smaller cryptocurrencies, with NEAR, Bitcoin Cash, Hyperliquid and Stellar suffering weekly declines exceeding 10%.\u00a0<\/p>\n<p>Ethereum and BNB have recorded smaller losses, while TRON and Zcash remain among the few major assets trading higher over the same period.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Bitcoin Price Struggles to Recover Above $76,000<\/strong><\/h2>\n<p>Bitcoin entered the weekend after another difficult week that saw several recovery attempts fail to hold.<\/p>\n<p>The cryptocurrency began November under pressure following the October 29 Binance security breach, which involved an estimated $6.3 billion in stolen digital assets. The incident coincided with a <a href=\"https:\/\/crypto.news\/bitcoin-price-binance-hack-77000-support\/\" target=\"_blank\">Bitcoin sell-off below $77,000<\/a> as traders reduced exposure across cryptocurrency markets.<\/p>\n<p>During the following sessions, BTC recovered toward $78,000 before renewed selling interrupted the rebound. The U.S. midterm elections brought further volatility, with Bitcoin briefly climbing above $81,000 on Wednesday as financial markets rallied.<\/p>\n<p>However, the recovery quickly reversed. By Friday, Bitcoin price had fallen below $75,000 before recovering toward $76,000, leaving much of the week\u2019s earlier gains erased.<\/p>\n<p>The latest market reading placed Bitcoin at $75,882, with a market capitalization of almost $1.526 trillion. Its 24-hour trading volume stood near $10.56 billion, while the weekly decline remained close to 2.7%.<\/p>\n<p>Crypto analyst Micha\u00ebl van de Poppe <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/2119385291878191505\" target=\"_blank\">said<\/a> that Bitcoin price had shown little movement over the weekend, with $76,000 remaining the immediate level to watch.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cTechnically, Bitcoin has swept the lows, meaning we\u2019re likely to break higher,\u201d van de Poppe wrote.<\/p>\n<\/blockquote>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Literally nothing has happened for <a href=\"https:\/\/x.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> over the weekend.<\/p>\n<p>That was quite to be expected, unfortunately.<\/p>\n<p>Technically, Bitcoin has swept the lows, meaning we&#8217;re likely to break higher.<\/p>\n<p>However, if it wants to break upwards, we&#8217;d need to break through $76,000 in order to get\u2026 <a href=\"https:\/\/t.co\/wH52rPWiVb\">pic.twitter.com\/wH52rPWiVb<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/2119385291878191505?ref_src=twsrc%5Etfw\">November 8, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>He argued that Bitcoin would need to move above $76,000 to build upward momentum. His assessment suggested that a breakout early next week could lead to a faster recovery, although the move had not materialized when he published his comments.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Bitcoin ETF Withdrawals Add to Weekly Market Pressure<\/strong><\/h2>\n<p>Institutional fund flows remained negative during the week, adding another source of pressure on Bitcoin.<\/p>\n<p>U.S. spot Bitcoin exchange-traded funds recorded $1.28 billion in net withdrawals between November 2 and November 6, according to Farside Investors data.<\/p>\n<p>As crypto.news <a href=\"https:\/\/crypto.news\/bitcoin-ether-etfs-weekly-outflows-blackrock-november\/\" target=\"_blank\">reported on November 7<\/a>, the funds recorded $411.9 million in withdrawals on Friday alone. BlackRock\u2019s IBIT accounted for $403 million of that amount, while Fidelity\u2019s FBTC attracted $42.8 million.<\/p>\n<p>Ethereum investment funds experienced similar selling. Their weekly net outflows reached $365.2 million, bringing combined Bitcoin and Ethereum ETF withdrawals to roughly $1.65 billion.<\/p>\n<p>Bitcoin\u2019s technical position remains closely watched as a result of its recent inability to establish a sustained recovery.<\/p>\n<p>A November 7 <a href=\"https:\/\/crypto.news\/bitcoin-price-76000-etf-outflows-75000-support\/\" target=\"_blank\">technical assessment<\/a> placed the 50-week moving average near $75,562, close to the $75,000 support area. The same analysis identified liquidation concentrations around $76,500\u2013$77,500, with further positions clustered below $75,000.<\/p>\n<h2 class=\"wp-block-heading\"><strong>NEAR, BCH and HYPE Lead Weekly Altcoin Losses<\/strong><\/h2>\n<p>Altcoins recorded deeper losses than Bitcoin, although the size of the declines varied considerably across the market.<\/p>\n<p>NEAR traded around $3.71 after losing 15.21% over seven days. Bitcoin Cash fell 12.8% to nearly $246.26, while Hyperliquid\u2019s HYPE declined 11.96% to $77.35.<\/p>\n<p>Stellar\u2019s XLM dropped 10.62% to roughly $0.151, placing it among the larger cryptocurrencies experiencing double-digit weekly declines.<\/p>\n<p>Other major tokens recorded smaller losses. XRP traded near $1.17, down 7.23% over the week, while Solana fell 6.04% to $89.63.<\/p>\n<p>Chainlink declined 8.21% to $10.78, Cardano lost 6.85% to $0.181, and Dogecoin dropped 6.06% to approximately $0.0713.<\/p>\n<p>Meanwhile, Ethereum traded near $2,239, down 1.35% over seven days. BNB changed hands around $698 after losing 2.15%, showing comparatively smaller weekly declines.<\/p>\n<h2 class=\"wp-block-heading\"><strong>TRON and Zcash Record Gains as Market Remains Weak<\/strong><\/h2>\n<p>A limited number of larger cryptocurrencies managed to post gains during the same period.<\/p>\n<p>TRON\u2019s TRX traded around $0.320, gaining 3.09% over seven days. Zcash rose 2.78% to almost $1,273, although its latest daily performance remained negative.<\/p>\n<p>Monero recorded a smaller weekly decline of 0.55%, trading near $600, while Uniswap lost 2.95% to $7.03.<\/p>\n<p>Further down the rankings, Ethena\u2019s ENA dropped 18.6% over the week, with its price near $0.153. Ondo declined around 12.9% to $0.360, extending its losses over the previous month.<\/p>\n<p>Bitcoin remained the largest cryptocurrency by market capitalization at nearly $1.526 trillion, followed by Ethereum at roughly $273.5 billion. The market continued trading with Bitcoin below the $76,000 level identified by analysts as the next immediate resistance area.<\/p>\n<div class=\"cn-block-disclaimer\">\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/crypto.news\/bitcoin-price-76000-altcoin-losses-weekend-watch\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price has remained below $76,000 during Sunday\u2019s trading session as the cryptocurrency market approaches another negative weekly close, with several major altcoins recording double-digit losses over the past seven days. Summary Bitcoin price remained below $76,000 on Sunday after falling nearly 3% over the preceding seven days. NEAR, Bitcoin Cash, Hyperliquid and Stellar posted [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":23324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[23],"tags":[],"kronos_expire_date":[],"class_list":["post-25110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/25110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/comments?post=25110"}],"version-history":[{"count":0,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/25110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media\/23324"}],"wp:attachment":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media?parent=25110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/categories?post=25110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/tags?post=25110"},{"taxonomy":"kronos_expire_date","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/kronos_expire_date?post=25110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}