Bitcoin (BTC) fell to $67,555 on Friday and was trading near $68,000, dropping below $70,000 for the first time since Aug. 19. CoinDesk data showed Bitcoin down 17% for the quarter, reversing a significant portion of the rally recorded during the preceding three months.

The decline followed several days of pressure across digital-asset markets. Wu Blockchain reported that Bitcoin first fell to $68,943 before trading at $69,297 on Binance, representing a 6.11% decline over 24 hours. The cryptocurrency’s 24-hour high was $73,866.

Other major tokens also moved lower. Ether fell below $2,000 for the first time since August, XRP traded near $1, and Solana fell below $80. GT, Stacks and XMR each declined by 7% or more, with several smaller tokens extending their losses as Bitcoin broke below $70,000.

Crypto Futures Liquidations Exceed $1.3 Billion

More than $1.3 billion worth of crypto futures positions were liquidated over 24 hours, according to CoinGlass data: Bitcoin accounted for $677 million of the total, including nearly $500 million liquidated as BTC fell below $70,000.

Wu Blockchain also cited CoinGlass data showing $622 million in liquidations over four hours. Long positions accounted for $549 million, while short positions represented $72.46 million. The largest single liquidation exceeded $31 million and involved a long BTC position on the Hyperliquid trading platform.

An exchange liquidates a leveraged position when losses consume the trader’s margin.

Bitcoin Plunges Below $70,000 as Crypto Liquidations Hit $622 Million in Four Hours Bitcoin fell below $70,000 to a low of $68,943 before trading at $69,297, down 6.11% over 24 hours, according to Binance. The cryptocurrency had reached a 24-hour high of $73,866. CoinGlass data… — Wu Blockchain (@WuBlockchain) November 13, 2026

The post was also published by Wu Blockchain at https://x.com/WuBlockchain/status/2121085947022586095?ref_src=twsrc%5Etfw.

Dollar, Rates and Corporate News Add to Pressure

The Dollar Index traded above 103 on Friday, reaching its highest level since April 2025. The index had risen nearly 2% since early October. The move came as expectations increased for a Federal Reserve rate hike, with traders assigning a higher probability to a half-point increase in December. A hotter-than-expected October consumer price report contributed to those expectations.

Middle East developments also drew market attention. Iran’s IRGC said it had destroyed a U.S. early-warning radar in Bahrain. WTI oil traded near $88, slightly below Thursday’s high of $89.15.

Nvidia-related news added to the pressure on Thursday. Nvidia is a leading maker of chips for artificial-intelligence data centers and one of the most heavily weighted stocks in major equity indexes. Jensen Huang resigned as the company’s president, CEO and board member, effective immediately. Nvidia shares opened down 12%, and Chief Financial Officer Colette Kress became interim CEO.

MSCI also confirmed that it will remove Strategy (MSTR) from its indexes on Nov. 30. Wintermute described the decision as a passive-selling risk but provided no estimate of the potential size. Index removals can produce passive selling because funds that track a benchmark must sell removed constituents to mirror its updated composition, regardless of active investor views. Jasper De Maere, the firm’s OTC trader, said Wintermute remained cautious on Bitcoin and that there were no clear signs of large buyers at current prices.

De Maere added that major cryptocurrencies would need ETF inflows to move higher. He said that assessment could change if inflows remained positive for several consecutive days. ETF flows are watched closely as a demand gauge because the creation of fund shares is backed by purchases of the underlying asset.

Analyst Outlines Possible Bitcoin Path

Analyst Colin Talks Crypto shared a possible Bitcoin price path on X. He said he expected a bounce within days, followed by a retest of the $76,000 breakdown level. He then projected a decline to between $62,000 and $70,000 over one to three months.

This is a total guess for how $BTC price action may play out over the coming few months: $BTC 's downward trajectory is steepening. As such, I suspect we'll see a bounce relatively soon (think: time frame of days). Such a bounce will then retest the underside of the $76k… pic.twitter.com/20g1jOPmGj — 𝙲𝚘𝚕𝚒𝚗 𝚃𝚊𝚕𝚔𝚜 𝙲𝚛𝚢𝚙𝚝𝚘 (@ColinTCrypto) November 12, 2026

The post is available at https://x.com/ColinTCrypto/status/2120960722947428758?ref_src=twsrc%5Etfw, with the referenced links and

Colin Talks Crypto also said the projected low could form the right shoulder of a large inverse head-and-shoulders pattern. An inverse head-and-shoulders is a chart formation that technical analysts treat as a potential downtrend reversal, with a break above the neckline conventionally used to confirm the setup. He said a breakout above the neckline would establish a target at all-time highs and gave late 2027 as the timeframe for that move.

Bitcoin was trading near $68,000 after reaching Friday’s low of $67,555. Source: https://coincentral.com/bitcoin-btc-price-slips-to-67500-as-nvidia-ceo-exit-and-msci-strategy-removal-weigh-on-markets