Bitcoin falls below $63,000 to a three-month low as liquidations top $1.9 billion
MARKETSBitcoincoinbrief/daily · 3 sources
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What happened
Bitcoin fell below $63,000 to a three-month low, per Coinbase and Bitstamp data, and the new low sits 12.5% below the snapshot low in The Defiant's Nov. 12 report. Crypto liquidations passed $1.9 billion as price approached $63,000. James Check described the move as a fourth capitulation wave, noting holders are selling near levels they had passed on three months earlier.
For experienced traders · Written by AI from 3 sources · Wrong?
What to do
- Check your exposure and margin levels if you trade leveraged positions, since liquidations rose sharply.
- Watch whether Bitcoin holds or reclaims the $63,000 level in the coming sessions.
Written by AI from the sources, checked against them
Full story timeline · 3 updates
Who reported · 3 outlets
CoinDeskCrypto BriefingThe Defiant
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