EL7.AI
CryptoMedium•13 November 2026•
1 min read

Crypto liquidations surge to $1.4B as Bitcoin stays below $70k

Key Facts

1Bitcoin price fell 6.64% to $68,850.76, marking a nearly three-month low.
2US spot Bitcoin ETFs saw $1.44 billion in outflows over five consecutive trading sessions.
3Crypto market liquidations reached approximately $622 million following the sharp price decline.

Total cryptocurrency market liquidations have surged to over $1.4 billion as Bitcoin continues to trade below the $70,000 mark. Moneycontrol.com reported that the sharp escalation in forced liquidations followed a 6.64% drop in Bitcoin's price to $68,850.76, marking a three-month low.

The market-wide decline saw Ethereum drop toward $1,900 while XRP neared the $1.00 level. This selling pressure coincided with $1.44 billion in outflows from US spot Bitcoin ETFs over five sessions, driven by concerns over tighter Federal Reserve monetary policy and cooling valuations in the AI sector.

Latest Updates · 1

  1. Notable·

    Update: Bitcoin has recorded cumulative losses of approximately 20% over the past six weeks. This decline comes as technical indicators approach a bearish "death cross" pattern, further intensifying the selling pressure on the cryptocurrency.

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