NewsSignals AI analysis·Oliver Knight·Nov 6, 2026

Bitcoin steadies after AI-led selloff as eyes turn to latest U.S. jobs figures

Grade Sbearish AI signal$BTC $ETH$NDX

Bitcoin stabilized near $76,150 after an AI-driven stock selloff triggered more than $1.27 billion in crypto liquidations over 24 hours. The Nasdaq Composite plunged 5.5%, while Bitcoin and Ether fell 5.3% and 7.3% respectively over the same period, with traders now awaiting the U.S. October jobs report. Defensive options positioning and concentrated leveraged long liquidity below $75,000 could leave Bitcoin vulnerable to another downside move if macroeconomic pressure intensifies.

Bullish strength: 20/100

Bitcoin edged up 0.2% to approximately $76,150 after recovering from $75,200.
Ether and the CoinDesk 80 Index also posted modest gains.
Bitcoin open interest increased to $22.1 billion.

Bearish strength: 80/100

More than $1.27 billion in leveraged positions were liquidated, including approximately $1.1 billion in longs.
Bitcoin fell 5.3% and Ether 7.3% over 24 hours.
Nasdaq Composite plunged 5.5%, spreading selling pressure into crypto.
Options positioning shifted toward downside protection, with the one-week put skew rising to approximately 15%.
A significant pocket of leveraged long liquidity sits between $74,000 and $75,000.
Bitcoin ETF outflows included approximately $200 million from FBTC and $105 million from IBIT.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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