📉 Bitcoin falls below $71,000 — lowest since August
Bitcoin continued to slide during the Asian session, currently trading around $70,300, down 4.67% over the past 24 hours (CoinGecko, 02:40 UTC on Nov. 13). Ethereum also fell below $2,000, to around $1,996 (−2.88%). Just 23 of the top 100 coins rose on the day, while total market capitalization stood at around $2.36 trillion.
Selling pressure spread: more than $680 million in leveraged positions were liquidated over the past 24 hours, with Bitcoin accounting for $325 million. U.S. spot Bitcoin ETFs saw net outflows of around $1.44 billion over five consecutive sessions. Nvidia shares closed down 4.3% — after plunging as much as 13% during the session — following a shake-up involving the CEO position, while Fed officials continued to signal a hawkish stance on interest rates.
Next in focus: the U.S. October PPI report, due tonight at 20:30 Vietnam time.
Today's biggest mover: $DASH down 4.43% to around $40.71, with a market cap of ~$524 million.
Do you think the $70,000 level will hold overnight? 👇
#CryptoNews #Bitcoin #Ethereum #Dash
⚠️ This is market information, not investment advice.
Bitcoin continued to slide during the Asian session, currently trading around $70,300, down 4.67% over the past 24 hours (CoinGecko, 02:40 UTC on Nov. 13). Ethereum also fell below $2,000, to around $1,996 (−2.88%). Just 23 of the top 100 coins rose on the day, while total market capitalization stood at around $2.36 trillion.
Selling pressure spread: more than $680 million in leveraged positions were liquidated over the past 24 hours, with Bitcoin accounting for $325 million. U.S. spot Bitcoin ETFs saw net outflows of around $1.44 billion over five consecutive sessions. Nvidia shares closed down 4.3% — after plunging as much as 13% during the session — following a shake-up involving the CEO position, while Fed officials continued to signal a hawkish stance on interest rates.
Next in focus: the U.S. October PPI report, due tonight at 20:30 Vietnam time.
Today's biggest mover: $DASH down 4.43% to around $40.71, with a market cap of ~$524 million.
Do you think the $70,000 level will hold overnight? 👇
#CryptoNews #Bitcoin #Ethereum #Dash
⚠️ This is market information, not investment advice.
