Bitcoin Falls Below $95,000 on November 14, Triggering $676 Million in Liquidations
Bitcoin dropped to $94,455 on November 14, falling below $95,000 for the first time since May. The decline triggered $676 million in BTC liquidations, according to CoinGlass data. Tether CEO Paolo Ardoino described the event as "Bitcoin black friday" on social media. Total liquidations across the cryptocurrency market exceeded $1.38 billion.