🚨 13 Nov Market update
$BTC dropped below $70k (near $69k) with $1.2B+ in mostly long liquidations over 24h. Stronger USD (19-month high), hotter CPI raising Fed hike odds, Nvidia CEO turmoil hitting risk assets, and recent FBI moves on the $6B+ Binance hack all added pressure. Classic leverage cascade in a risk-off tape.
$BTC dropped below $70k (near $69k) with $1.2B+ in mostly long liquidations over 24h. Stronger USD (19-month high), hotter CPI raising Fed hike odds, Nvidia CEO turmoil hitting risk assets, and recent FBI moves on the $6B+ Binance hack all added pressure. Classic leverage cascade in a risk-off tape.
