$BTC $ETH $BNB Cryptocurrencies plunge across the board, with over 310,000 traders liquidated
Over the past 24 hours, the cryptocurrency market has plunged across the board. As of publication, Bitcoin was down nearly 8%, falling below $63,000; BNB and XRP dropped over 9%, Ethereum fell over 10%, and Solana declined over 11%. The drop also triggered a wave of cascading liquidations. According to CoinGlass data, 318,700 cryptocurrency traders were liquidated across the market in the past 24 hours, with total liquidations exceeding $1.9 billion. More than 90% of these were long positions. Cryptocurrencies have remained under pressure in recent weeks, with several factors combining to weigh on the market: expectations that U.S. interest rates will remain high for an extended period, significant outflows from U.S. spot Bitcoin ETFs, risk aversion as enthusiasm for AI stocks cools, and the fallout from the theft of over $6 billion from Binance. Data shows that from October 30 to November 13, U.S.-listed spot Bitcoin ETFs saw net outflows of nearly $3 billion.#加密美股齐跌，下轮反弹的驱动力在哪？ #比特币活跃供应盈利占比跌破45% #美国PPI年率6.5%，低于预期或缓解BTC压力
Over the past 24 hours, the cryptocurrency market has plunged across the board. As of publication, Bitcoin was down nearly 8%, falling below $63,000; BNB and XRP dropped over 9%, Ethereum fell over 10%, and Solana declined over 11%. The drop also triggered a wave of cascading liquidations. According to CoinGlass data, 318,700 cryptocurrency traders were liquidated across the market in the past 24 hours, with total liquidations exceeding $1.9 billion. More than 90% of these were long positions. Cryptocurrencies have remained under pressure in recent weeks, with several factors combining to weigh on the market: expectations that U.S. interest rates will remain high for an extended period, significant outflows from U.S. spot Bitcoin ETFs, risk aversion as enthusiasm for AI stocks cools, and the fallout from the theft of over $6 billion from Binance. Data shows that from October 30 to November 13, U.S.-listed spot Bitcoin ETFs saw net outflows of nearly $3 billion.#加密美股齐跌，下轮反弹的驱动力在哪？ #比特币活跃供应盈利占比跌破45% #美国PPI年率6.5%，低于预期或缓解BTC压力
