Bitcoin slips below $68K as $1.6B in liquidations pressure the market
Bitcoin briefly dropped to a nearly three-month low as leveraged selling intensified, while ether, XRP and the broader crypto market weakened.
Bitcoin briefly dropped to a nearly three-month low as leveraged selling intensified, while ether, XRP and the broader crypto market weakened. Bitcoin (BTC) is trading at ₹64,67,574 ($68,741.00), up 0.2% since this brief published. This is an original Token Times brief synthesising 4 outlets (Bitcoin.com, Cointribune, Blockonomi, and others), with their figures cross-checked, plus live market data, as of Fri, 13 Nov 2026 09:15:01 UTC.
The drop below $68,000 tested a closely watched support level amid substantial liquidations and signs of reduced market liquidity. Outflows from crypto ETFs and a declining stablecoin supply could leave less capital available to absorb further selling.
- Bitcoin traded near $67,500 after falling below $68,000.
- Crypto liquidations reached $1.6B during the sell-off.
- Bitcoin is down 6.82% over 24 hours and 9.36% over seven days.
- The Fear & Greed Index stands at 20, labeled Extreme Fear.
Bitcoin.com and Cointribune agree that Bitcoin fell below the $68,000 area, with Bitcoin.com reporting a nearly three-month low of $67,500 and both outlets linking the move to a new wave of liquidations. Bitcoin.com says the sell-off began Wednesday and continued into Friday, extending November losses beyond 11%, while Cointribune adds that ether fell below $2,000 and points to ETF outflows and decreasing stablecoin supply as liquidity concerns. The Crypto Basic focuses instead on XRP, placing it near $1.0358 in its November 12 Bitstamp snapshot and highlighting a decline of approximately 70% from a $3.45 resistance area; it does not provide an alternative Bitcoin figure or dispute the sub-$68,000 move.
- XRP slips below $1.20 as selling pressure and extreme fear weigh
- Ethereum slips below $2,200 as liquidations and ETF outflows rise
- Bitcoin slips below $73K as October inflation exceeds forecasts
- Bitcoin slips as inflation data and selling pressure spark $723M liquidations
- XRP Slips Below $1.05 as Technical Outlook Turns Bearish
- USDT slips below $1 as crypto liquidity thins
- Bitcoin slips below $68K as $1.6B in liquidations pressure the market — this brief
Bitcoin fell below $68,000 during a sell-off that began Wednesday and continued into Friday, according to Bitcoin.com. The cryptocurrency reached approximately $67,500, its lowest level in nearly three months, and extended its November decline beyond 11%. Bitcoin.com said continued weakness in financial markets following the ouster of former Nvidia CEO Jensen Huang was among the factors keeping traders on alert.
The broader liquidation wave accelerated as Bitcoin approached and breached the $68,000 area, with the headline put total crypto liquidations at $1.6B. Cointribune reported that ether also dropped below $2,000. Its coverage emphasized that the stress was no longer confined to leverage: crypto ETFs were seeing outflows while the supply of stablecoins was decreasing, potentially limiting the capital available to absorb market sales.
Bitcoin.com and Cointribune corroborate the key $68,000 threshold, although Bitcoin.com supplies the more specific intraday low of about $67,500. The outlets differ in emphasis rather than direction: Bitcoin.com focuses on Bitcoin’s nearly three-month low, November losses and the wider financial-market reaction, while Cointribune highlights ether’s decline, ETF outflows and contracting stablecoin supply. The Crypto Basic concentrates on 
XRP rather than adding another estimate for Bitcoin’s move.
The Crypto Basic said XRP had fallen approximately 70% from resistance near $3.45 and was approaching a rising support band. Its November 12 Bitstamp weekly snapshot placed XRP around $1.0358, close to the supplied live price of $1.026. That technical discussion broadens the market picture, but Bitcoin.com’s account and Cointribune’s liquidity analysis remain more directly tied to the Bitcoin sell-off.
The live market snapshot shows Bitcoin at $68,591, putting it back above the headline threshold but still 6.82% lower over 24 hours and 9.36% lower over seven days. Its market capitalization stands at $1.38B? No: its market capitalization stands at $1.38 trillion, while XRP trades at $1.026, down 1.79% over 24 hours and 13.86% over seven days, with a market capitalization of $65.13B. Total crypto market capitalization is $2.38 trillion, the overall market is broadly down, and the Fear & Greed Index is at 20, categorized as Extreme Fear.
What remains in focus is whether Bitcoin can maintain the $68,000 area after briefly trading below it and near the reported $67,500 low. Continued liquidations, ether’s position below $2,000, ETF outflows and a shrinking stablecoin supply are the principal market conditions cited in the coverage, while the broader risk backdrop and extreme-fear reading show continued pressure across digital assets.
Since this brief published about 3 hours ago, Bitcoin (BTC) has moved from ₹64,53,461.47$68,591.00 to ₹64,67,574.39$68,741.00 — +0.22%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $67,500 in November?
Crowd-implied probability on Polymarket, ₹17.28M 24h volume, resolves Dec 1 — snapshotted when this brief published (Nov 13 08:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹6.85M (about $68,741.00), down 6.2% over 24 hours. The rupee itself trades about 6.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 3 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Bitcoin slips below $68K as $1.6B in liquidations pressure t — questions & answers
How far below $68,000 did Bitcoin trade?
Bitcoin reached approximately $67,500, a nearly three-month low, before the live snapshot returned it to $68,591.
What triggered the latest wave of liquidations?
Cointribune linked the liquidations to Bitcoin’s decline below $69,000, while also pointing to ETF outflows and decreasing stablecoin supply.
How were ether and XRP affected?
Ether broke below $2,000, while XRP traded at $1.026 and was down 13.86% over seven days.
How much is 1 Bitcoin worth in rupee today?
About ₹6.85M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $68,741.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.22% since this brief first published — trading at ₹64,67,574 ($68,741.00) now versus ₹64,53,461 ($68,591.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com, Cointribune, Blockonomi, Cryptopolitan, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.