A personal blog about money, markets and crypto
Bitcoin fell 4.42% to $68,377 on Nov. 13 (CoinGecko). The main reason: money got more expensive, as the US dollar index rose to 103.38 and the 10-year Treasury yield reached 5.15%. That pressure turned into forced selling, and CoinDesk reports more than $1.6 billion in leveraged bets were liquidated as BTC hit a 12-week low.
More than $1.6 billion in leveraged crypto bets were force-closed on Nov. 13 as bitcoin hit a 12-week low near $68,781.99 (CoinDesk; price from Yahoo Finance, Nov. 13). CoinDesk reported the total only. The data I have doesn’t split it into longs and shorts, doesn’t give bitcoin’s share and doesn’t give the exact time window. The push came from a dollar at a 19-month high, as CoinDesk described it, and the next test …
The bitcoin price crash took BTC below $72,000 on November 12, 2026, with an intraday low near $71,218. That’s the lowest level since August, according to CryptoTimes, and it came as US spot bitcoin ETFs bled about $1.44 billion over five straight days of outflows. Coins you hold outright aren’t in danger from the price drop itself. The real risks right now are leverage and the Fed’s December 9 decision.