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- In the news by CryptoSlateBitcoin falls below $64,000 as drawdown from October high tops 24%
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Bitcoin falls below $64,000 as drawdown from October high tops 24%
Bitcoin slipped below $64,000, with CoinGecko showing it near $65,500 on the afternoon of 14 November and Newhedge recording long liquidations below $66,000. The decline has deepened since the price broke below $72,000 on 12 November, and the drawdown from the October high now exceeds 24%.