November 6 commute podcast — Nasdaq plunges 5.2% intraday, crypto shaken… Bitcoin at $76,000, liquidations at $726 million

Bitcoin fell 4.69% to $76,186 and Ethereum dropped 6.19% to $2,256 as a 5.2% intraday plunge in the Nasdaq Composite triggered broad risk-off selling across crypto, driving $726 million in liquidations. The move followed sharp declines in growth stocks, with Nvidia down 8.7% and Tesla down 10.3%, reinforcing crypto's correlation with high-risk technology assets. The episode matters because the trigger was macroeconomic risk aversion rather than crypto-specific news, with the liquidation wave a symptom rather than the cause. Traders will watch whether Nasdaq volatility persists and whether Bitcoin holds the $76,000 level, with Ethereum's steeper drawdown signaling weaker relative strength.