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bitcoin down 6%, $1.3 billion liquidated

bitcoin down 6%, $1.3 billion liquidated

The crypto market ended Thursday night with its steepest daily loss in weeks. At 07:30 UTC on November 13, 2026, bitcoin traded at about $69,000, down a little over 6% in 24 hours, after touching an intraday low of $67,922 according to CoinGecko. Total crypto market capitalization fell about 7% over the same period to roughly $2.35 trillion. If you are asking why is crypto down today, our running explainer tracks every sell-off of the year.

This crypto news roundup sets out what is driving the move: forced selling of leveraged positions, outflows from US spot bitcoin ETFs, a strong dollar with rising Treasury yields, and thin order books. Our first report with key price levels is Bitcoin price falls below $70,000.

Crypto news at a…

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