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Bitcoin vs tech stocks: BTC sinks under $75K as stocks rebound

2026-11-07

Bitcoin fell below $75,000 on Friday, Nov 6, 2026, according to TradingView data cited by Cointelegraph. That is the lowest level since mid-August. The drop came after Wall Street opened.

Bitcoin and stocks moved apart. Tech stocks rebounded, and crypto markets did not. Bitcoin set new multi-week lows instead.

The trigger was US nonfarm payrolls data, which came in well above forecasts. After the release, more traders bet on an interest-rate hike in December. The article does not say whether that hike will happen.

For anyone already holding a perpetual position, nothing in this report changes funding or fees directly. The article has no data on funding rates, trading fees or order-book liquidity on Bitget, Bybit, MEXC or OKX. What changed is the price: Bitcoin trading below $75,000 moves the mark price, and that affects margin and how close a position is to liquidation. What the move did to funding on each exchange is not known from this story.

Source: cointelegraph — Bitcoin price dips under $75K as crypto markets miss tech-stock rebound

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