Bitcoin Below 70000 Plunge: $1.3 Billion in Bets Wiped Out

Bitcoin "challenge coin" (bitcoin below 70000)

Bitcoin below 70000: BTC traded at $68,681 at 18:12 KST (09:12 UTC) on Nov. 13, per CoinGecko, down 6.38% in 24 hours. That is its lowest level since August, and it came as the U.S. dollar index sat at a 19-month high above 103, the 10-year Treasury yield stood near 5.13% and more than $1.3 billion of leveraged crypto bets were liquidated in a day (CoinGlass data via CoinDesk).