Bitcoin fell below $70,000 on November 13 while CoinGlass recorded $869.89 million in Bitcoin long liquidations over the preceding 24 hours. Bitcoin traded at $69,224 around 10:52 UTC, after reaching a rolling 24-hour low of $67,921. Forced closures of bullish positions may have intensified the decline, but the original trigger remains unresolved. Interest-rate pressure and uncertainty surrounding NVIDIA's leadership change formed the broader backdrop. The liquidation totals represent forced position closures, not changes in Bitcoin's market capitalization.