Sunday, November 8, 2026

Bitcoin fell below $75,000 during the Asian session and touched nearly $74,500, below the November 6 low of $74,810.8. It then recovered some of its losses and returned to trading around $75,256.

There was no crypto market-specific catalyst. The move came amid risk aversion ahead of Nvidia’s opening, following an admission by its CEO, Jensen Huang, and an independent investigation by the board of directors. The move was compounded by a drone attack on the Khor Mor gas field in Iraq, which halted production.

The market is now watching two fronts: whether Bitcoin can hold above $74,810 or the decline is confirmed, and what happens on Monday with tech stocks and oil. The next key data point for the price will be the U.S. CPI, on Tuesday, November 10.