Bitcoin falls below $69,000 as over $1.4 billion in liquidations hit crypto markets
MARKETSBitcoincoinbrief/daily · 4 sources
- Severity
- High
- Sources
- 4
What happened
Bitcoin fell about 5% below $69,000, a multi-month low, after a run of selling that began after it peaked near $81,000 following the US midterm elections. Experts attributed the drop to a concentrated liquidation and weakening demand, with ETH down about 6% to $1,925 and XRP near $1.00. CoinGlass data shows over $1.4 billion in liquidations in 24 hours, with $1.26 billion from long positions, and more than 170,000 traders wiped out.
For IT people · Written by AI from 4 sources · Wrong?
What to do
- Watch whether bitcoin holds the $69,000 level after its multi-month low.
- Monitor further liquidation data on CoinGlass for signs the selling is easing.
Written by AI from the sources, checked against them
Full story timeline · 5 updates
- Fri 13 NovemberBitcoin Price Dumps Below $69K as Liquidations Top $1.4B: XRP and ETH Bleed HeavyCryptoPotato
- Bitcoin tumbles below $69,000 as Nvidia turmoil adds to Fed-driven market jittersThe Block
- Whale Alert: Four Traders Liquidated for More Than $10M ApieceCryptoPotato
- Bitcoin Drops to $69K On 'Concentrated Liquidation' and 'Weakening' DemandDecrypt
- Sat 14 NovemberBitcoin Falls Below $69,000 as Ether Slides Under $2,000The Defiant
Who reported · 4 outlets
CryptoPotatoThe BlockDecryptThe Defiant
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