Bitcoin falls below $70,000 for first time since August 20

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Bitcoin dropped below $70,000 on November 13, according to data from Binance exchange.

During trading, Bitcoin fell by 2.18%, reaching $69,900. This is the first time the cryptocurrency has traded at this level since August 20, 2026.

At the same time, Ethereum also dropped by 1.8%, falling to $1,983.44.

According to Coinglass, over the past 24 hours, global crypto exchanges liquidated positions of 125,760 traders for a total of $901.89 million. The majority of these were long positions, totaling around $772 million, while short positions accounted for $129.8 million.

Coinmarketcap data showed that the total market capitalization of the entire crypto market stood at $2.36 trillion. Of this, Bitcoin accounted for $1.41 trillion, while Ethereum accounted for $243.26 billion.