Circle Sinks 12%, Coinbase and Strategy Tumble 10% as Bitcoin Slide Hits Crypto Stocks
- Bitcoin fell below $70,000 on Friday, November 13, 2026, marking a significant retreat from post-election highs as heavy liquidations and persistent ETF withdrawals intensified selling pressure across cryptocurrency markets.
- U.S. spot Bitcoin ETFs recorded approximately $1.44 billion in net outflows across five sessions through November 11, according to SoSoValue figures, while renewed tech stock volatility following Nvidia CEO Jensen Huang's resignation further dampened investor sentiment.
- CoinGlass liquidation data shows approximately $1.23 billion in leveraged positions were liquidated over 24 hours, with long positions accounting for 88.2% of total forced closures affecting more than 151,000 traders.
- Xapo Bank CEO Seamus Rocca attributed selling to investors freeing up capital for Anthropic's $1.4 trillion IPO listing scheduled for November 19 under ticker ANT on Nasdaq.
- Doctor Profit maintains a bullish outlook despite the decline, though analysts warn a breakdown below $68,000 could signal deeper correction as legislative uncertainty continues weighing on institutional demand.
197 Articles
197 Articles
Bitcoin falls below $67,000 to lowest level in nearly three months
نُشر هذا المقال أولاً عبر Cedarnews.net. لمتابعة المزيد من الأخبار والتقارير الحصرية، زورونا على موقعنا. Bitcoin fell below $67,000 on Saturday, November 14, hitting its lowest level in nearly three months. CoinGlass data showed it trading at $66,794 after touching a 24-hour low of $66,427.50. At that price, Bitcoin was down about 29% from its closing price of $94,287.48 a year earlier. تم نشر هذا الخبر عبر موقع Cedarnews الإخباري. للاطلاع على…
Bitcoin is now below $69,000 and could fall even further if investors cash out to buy into the Anthropic IPO
Investors may have to sell some of their existing bets in crypto to make room in their portfolio for what could be one of the most sought-after stock offerings in history.
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