Bitcoin broke below $70,000 early on November 13, 2026, sliding to its lowest level since August 19 and flushing more than $1.3 billion of leveraged futures bets.
CoinDesk data showed $BTC touching about $69,000 in early trading on November 13, leaving it down roughly 17% for the quarter. $ETH slipped under $2,000 for the first time since August, while XRP hovered near $1 and SOL traded below $80. CoinGlass counted more than $1.3 billion in futures liquidations over 24 hours, about $677 million of it in bitcoin, with nearly $500 million wiped out right as BTC crossed $70,000.
The drop came as the U.S. Dollar Index held above 103, its highest since April 2025, after a hotter October CPI print lifted bets on a bigger Fed rate move in December. A firm dollar tends to weigh on liquidity-sensitive assets, so traders are watching whether leverage keeps resetting and spot buyers step in near the August lows.
#Bitcoin #CryptoMarket #Liquidations
DYOR. Not financial advice.
CoinDesk data showed $BTC touching about $69,000 in early trading on November 13, leaving it down roughly 17% for the quarter. $ETH slipped under $2,000 for the first time since August, while XRP hovered near $1 and SOL traded below $80. CoinGlass counted more than $1.3 billion in futures liquidations over 24 hours, about $677 million of it in bitcoin, with nearly $500 million wiped out right as BTC crossed $70,000.
The drop came as the U.S. Dollar Index held above 103, its highest since April 2025, after a hotter October CPI print lifted bets on a bigger Fed rate move in December. A firm dollar tends to weigh on liquidity-sensitive assets, so traders are watching whether leverage keeps resetting and spot buyers step in near the August lows.
#Bitcoin #CryptoMarket #Liquidations
DYOR. Not financial advice.
