Market brief · 2026-11-06
Bitcoin falls 6.32% to $75,307 as 47 of 55 coins decline; Immutable the lone riser
· By the MyCryptoSignal Data Desk · Written from our own collected price data
Brief as of
Crypto gave ground across the board, with Bitcoin sliding 6.32% to $75,307 and the total market cap down 5.83% to $2.39 trillion. Only one of 55 tracked coins rose. Ether fell 8.26% to $2,216.42, and market volume reached $165.98 billion. It was a broad decline, not a rotation.
Crypto's total market cap stood at $2.39 trillion, down 5.83% over 24 hours and 3.03% across seven days. Bitcoin traded at $75,307, off 6.32% on the day and 3.58% on the week, giving back the prior session's climb to $80,358. Dominance held at 63.4%. Ether slipped to $2,216.42, down 8.26%, and volume across the tracked market reached $165.98 billion. The selling was broad, not concentrated in one corner of the market.
Only one of the 55 tracked coins rose. Forty-seven fell and seven held inside a percentage point of flat. The major cohort, eight coins, averaged a 6.52% decline with no risers and seven fallers. Meme names, five coins, averaged 5.45% lower with four fallers. The broad other group of 39 coins averaged 6.47% lower, with one riser and 36 fallers. Meme coins lost the least ground, a modest gap against the majors.
Immutable was the day's lone riser, trading at $0.126786 for a gain of 1.24%. Volume reached $19.28 million. Its RSI read 47 and its trend still pointed down. The 24-hour range ran from $0.108135 to $0.128206. Over seven days it is down 11.64%, and over 30 days down 23.30%. No news item in the packet covers the move, so the numbers stand on their own: a bounce inside a longer decline.
Arbitrum added 0.90% to $0.16459, with an RSI of 60 and a trend pointing up; it is up 1.94% over seven days. Injective traded at $8.13, down 0.28% on the day but up 11.22% over the week and 6.85% over 30 days. TRON held at $0.318425, effectively flat at -0.02%, on $403.16 million of volume. Pepe slipped 0.85% to $0.00000489 but remains up 19.72% over 30 days. All four held inside a percentage point.
Beam was the heaviest decliner, down 17.44% to $0.00394618, with an RSI of 35.4. It is still up 2.99% over seven days and 68.06% over 30, so the drop gives back part of a large advance. XRP fell 9.95% to $1.18, its RSI at 23.7 and its 30-day change at -19.07%. Ethena lost 9.32% to $0.162276 and is down 30.15% over 30 days. NEAR dropped 9.20% to $3.64, down 12.27% on the week.
Of 30 coins sampled for technicals, none were overbought and five were oversold. Twenty-five carried a downtrend and none an uptrend. Bitcoin's own RSI read 23.7, with trend down and volatility at 0. Support sits at $75,100 and resistance at $76,300.7, both close to the current price. The mix reads as a tape that has moved quickly lower, with oversold conditions appearing in a handful of names while the broad trend remains down.
Over seven days, Injective leads at 11.22%, followed by Pyth Network at 5.85% and Monero at 5.08%. The weakest week belongs to Worldcoin at -12.95%, then NEAR at -12.27% and Kaspa at -11.85%. USDT was the volume leader at $68.75 billion against $165.98 billion in total market volume. Injective and NEAR appear on both today's mover list and the week's, tying the session to the longer stretch.
The tape reads as a broad give-back rather than a rotation. Forty-seven of 55 coins fell, and the three cohorts all averaged declines between 5.45% and 6.52%, so there was nowhere to hide. Bitcoin's 6.32% drop and Ether's 8.26% drop came with dominance at 63.4%, meaning capital did not move down the risk curve, it left. The five oversold readings out of 30 sampled and Bitcoin's RSI of 23.7 show the move has been fast. Immutable's 1.24% gain and Arbitrum's 0.90% are the only green prints, and both sit inside longer declines. Beam's 17.44% fall stands out because it follows a 68.06% 30-day gain, a reminder that the sharpest drops often land on the names that ran hardest.
Bitcoin closed at $75,307 with support at $75,100 and resistance at $76,300.7, leaving the price between two nearby levels. Yesterday 37 of 55 coins rose; today one did, a reversal in breadth rather than a single session. Watch whether the five oversold names in the 30-coin sample expand or shrink, and whether Beam holds above its $0.00400415 low after a 17.44% drop. Injective, up 11.22% on the week, is the one name still climbing against the trend.
Data, not advice.
Get this brief by email
One original market brief a day, written from our own collected market numbers. Unsubscribe in every email.