Bitcoin slipped below $67,000 on Coinbase on Friday evening, setting a fresh four-week low as selling extended across major cryptocurrencies, according to reporting by The Defiant.

The Coinbase reference matters for the print: the venue is among the largest U.S. crypto exchanges, and its BTC-USD pricing is commonly used as a reference for dollar-market trading. The exchange's one-minute $BTC-USD candles recorded a low of $66,789 in the minute beginning at 9:29 p.m. ET on Nov. 13. Daily candles, covering Oct. 17 through that evening, showed no lower trade, confirming the print as the weakest level in roughly a month.

The trough landed 5.4% below the $70,600 Coinbase low reported by The Defiant on Thursday evening. It also undercut the $68,222 low cited in Friday's subsequent report, extending the decline rather than merely revisiting it.

By 9:41:55 p.m. ET, CoinGecko quoted bitcoin at $67,399. Its loss over roughly four weeks stood at 17.3%, compared with ether's 21.4% decline over the same window, according to The Defiant's calculations. Over roughly seven days, bitcoin fell 11.3% and ether dropped 15.3%.

Selling Reaches Beyond Bitcoin and Ether

The selloff was not confined to the two largest cryptocurrencies. In a refreshed CoinGecko snapshot at 9:42:53 p.m. ET, 42 of 44 non-stablecoin tokens in a curated watchlist were lower over 24 hours. The selection includes large cryptocurrencies and DeFi tokens and is not a count of the entire crypto market. Even with that caveat, breadth of this kind shows the evening's selling distributed across market segments rather than concentrated in a single large asset.

Solana fell 5.8%, BNB lost 3.5%, and XRP declined 2.4%. Celestia posted the largest loss in the selection, down 14.1%. GMX and Pendle were the only gainers, rising about 2% and 1.7%, respectively.

Weaker Funding Signals Preceded the Move

The decline followed signs of weaker funding into crypto. In a Nov. 11 report, analytics provider Glassnode said stablecoin supply had contracted by $14.2 billion over 30 days through Nov. 9, leaving "less fuel for a rally." Stablecoins are the dollar-pegged tokens that serve as the main trading and settlement currency across most crypto venues, so their aggregate supply is widely read as a gauge of readily deployable buying power in the market.

Glassnode also reported $1.6 billion in net outflows from U.S. spot bitcoin ETFs over 20 sessions through that date. U.S. spot ETFs hold bitcoin directly and give traditional-market investors exchange-traded exposure to the asset, making their net flows one of the most closely followed demand indicators in the space. Those figures predate Friday evening's move and do not establish its cause. Because both metrics are tracked on an ongoing basis, subsequent readings of stablecoin supply and ETF net flows offer a direct way to check whether that funding backdrop shifted around the four-week low.

Glassnode additionally identified buying by wallets holding 100 to 10,000 $BTC, although other wallet groups were still reducing their holdings.