The cryptocurrency market is facing renewed selling pressure on November 3, 2026, as Bitcoin drops below $77,000 and investor sentiment remains cautious.📉 Bitcoin Under Pressure
Bitcoin is trading around $76,700, while Ethereum is hovering near $2,250. Major cryptocurrencies are experiencing declines as traders react to institutional outflows, security concerns, and global economic uncertaintyBinance co-CEO Richard Teng has confirmed that the exchange remains in very strong financial health following the reported $6.3 billion security incident.
Approximately 95% of affected tokens have been replenished.Customer deposits and withdrawals have largely normalized.Remaining less-liquid assets are being restored through OTC providers.Binance plans to publish a detailed post-mortem report.
Traders Face Heavy Liquidations
More than 93,000 traders reportedly faced liquidations, with total crypto liquidations reaching approximately $366 million.
Bitcoin's critical support zone is around $76,000–$76,600. Traders are closely watching whether BTC can stabilize or face additional downside pressure.
The market is monitoring:
US midterm election developments
Bitcoin ETF fund flows
Binance security recovery
Upcoming US employment data
Crypto markets remain volatile. Recovery may take time, but security, transparency, and investor confidence will remain key factors. Stay informed. Stay disciplined. Never trade emotionally.$BTC $ETH $BNB
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