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Bitcoin▼ Bearish● Important

Bitcoin slips under $70,000 as crypto selloff picks up speed

TradingGain NewsroomTradingGain Newsroom··13 Nov 2026, 03:37 UTC

The crypto market sell-off accelerated early Friday, pushing bitcoin below $70,000 and ether below $2,000. Large liquidations in the futures market show that many leveraged traders were forced to close positions, which can add pressure to prices.

BTCAt the time of writing, Bitcoin traded at $69,078 (-6.33% in 24h).Live price →

Why it matters

  • Bitcoin fell below $70,000 as the selloff gathered pace on Friday.
  • Ether also traded below $2,000 during the same move.
  • Large futures liquidations can intensify price swings and add volatility for leveraged traders.

What to watch next

Watch whether bitcoin can hold the $70,000 level or keeps trading below it as liquidations continue.

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This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗
Bitcoin slips under $70,000 as crypto selloff picks up speed
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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.