Bitcoin news: 6 to 7 November 2026
3 stories from the Bitcoin world, 6 to 7 November 2026, each in a few sentences. Published 7 November 2026.
6 November 2026
Bitcoin funds bought nearly twice the bitcoin mined in the third quarter
US spot bitcoin funds added about 79,800 bitcoin in the third quarter of 2026, while miners produced about 41,300, according to a 21Shares report. Two short buying periods made up 91% of the quarter's inflows. Long-term holders' balances fell by about 248,000 bitcoin in the same quarter.
When funds buy more than miners produce, the extra coins have to come from existing holders, which is what moves the market.
Source: CryptoSlate
6 November 2026
Every US spot bitcoin fund loses money as outflows reach $430 million
US spot bitcoin funds had net outflows of $430.2 million on 5 November, according to Farside Investors, and every fund lost money that day. Bitcoin fell to about $75,773, with a low near $75,200. The Nasdaq dropped 5.52% and the S&P 500 4.36% on the same day.
The funds are the main route for US investors into bitcoin, so a broad outflow shows demand pulling back across the board.
Source: 24/7 Wall St.
6 November 2026
Over $1.1 billion in bullish crypto bets wiped out in a day
More than $1.27 billion in crypto derivatives positions were liquidated in the 24 hours to the morning of 6 November, and over $1.1 billion of that was bets on rising prices. Bitcoin traded near $76,100, down about 5.2% in a day. The fall followed a sharp drop in US stocks on 5 November.
Forced selling of leveraged positions can push the price lower and faster than ordinary selling does.
Source: CoinDesk
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