Bitcoin Falls Below $70,000 as $622M in Liquidations Hit in Four Hours

Bitcoin fell below $70,000 on November 13, 2026, hitting an intraday low of $68,943 after $622 million in crypto liquidations occurred within four hours. CoinGlass showed $549 million in long positions and $72.46 million in shorts were closed, affecting 110,000 traders. Spot Bitcoin ETFs saw about $2 billion in outflows over three weeks, signaling deleveraging rather than fundamental weakness.