BTC falls beneath $70,000 as market liquidations pass $1.2 billion
Bitcoin dropped below $70,000 as a broad crypto selloff intensified amid heavy liquidations and risk-off market conditions.
Bitcoin dropped below $70,000 as a broad crypto selloff intensified amid heavy liquidations and risk-off market conditions. Bitcoin (BTC) is trading at ₹64,95,518 ($69,038.00), up 1.4% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Fri, 13 Nov 2026 07:00:02 UTC.
The decline and liquidation total show a rapid contraction in market positions, potentially affecting leveraged traders and sentiment across the wider crypto market.
- Bitcoin trades at $68,064 after a 7.51% daily decline.
- Crypto liquidations exceeded $1.2 billion, according to Crypto.news.
- Fear and Greed stands at 20, labeled Extreme Fear.
- ETF outflows and a stronger dollar added reported pressure.
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- BTC falls beneath $70,000 as market liquidations pass $1.2 billion — this brief
Bitcoin fell below $70,000, reaching $68,064 in the supplied live-market data. The asset was down 7.51% over 24 hours and 9.93% over seven days, while its market capitalization stood at $1.37 trillion. Crypto.news linked the decline to a combination of a stronger dollar, Nvidia’s CEO resignation, and outflows from exchange-traded funds.
The selloff also extended beyond bitcoin. Crypto.news reported that more than $1.2 billion in crypto positions were liquidated, although it did not provide a breakdown by asset, venue, or leveraged position type. The total crypto market capitalization was $2.36 trillion, with the broader market broadly lower.
Market sentiment reflected the scale of the move. The Fear and Greed index stood at 20, placing it in the Extreme Fear category. That reading was supplied alongside the live market snapshot rather than independently detailed by Crypto.news, which concentrated on bitcoin’s price decline, the liquidation figure, and the external factors behind the selloff.
For traders and market observers, the immediate issue is whether bitcoin can remain below the $70,000 level as liquidations, ETF flows, and dollar strength continue to shape conditions. The available data captures a sharp short-term downturn, with bitcoin’s seven-day loss nearly twice its 24-hour decline and extreme fear evident in the sentiment reading.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from ₹64,03,878.08$68,064.00 to ₹64,95,517.97$69,038.00 — +1.43%.
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 $66,000 November 9-15?
Crowd-implied probability on Polymarket, ₹10.34M 24h volume, resolves Nov 16 — snapshotted when this brief published (Nov 13 06:05 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 ≈ ₹6.88M (about $69,038.00), down 6.0% over 24 hours. The rupee itself trades about 5.9% 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 asset in this story — live, source-stamped, updated every 15 minutes.
BTC falls beneath $70,000 as market liquidations pass $1.2 b — questions & answers
How far below $70,000 is Bitcoin trading?
Bitcoin was trading at $68,064, putting it $1,936 below the $70,000 level. It was down 7.51% over 24 hours.
What pushed bitcoin lower during the selloff?
Crypto.news cited a stronger dollar, Nvidia’s CEO resignation, and ETF outflows as contributing factors. The report also said crypto liquidations exceeded $1.2 billion.
What was the broader crypto market condition?
The overall crypto market was broadly down and had a total market capitalization of $2.36 trillion. The Fear and Greed index stood at 20, labeled Extreme Fear.
How much is 1 Bitcoin worth in rupee today?
About ₹6.88M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $69,038.00. 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 1.43% since this brief first published — trading at ₹64,95,518 ($69,038.00) now versus ₹64,03,878 ($68,064.00) 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 Crypto.news. 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.