FORBES · 2026-11-13 19:26 UTC

Bitcoin Falls Below $70,000 To Reach Lowest Since August

Bitcoin fell to $67,555 around 2 a.m. EST on November 13, down close to 8% over 24 hours and at its lowest since roughly August 19. Analysts cited hotter U.S. inflation reviving Fed rate-hike expectations, about $1.5 billion in crypto fund outflows over five trading days, and forced liquidations of leveraged long positions. CryptoQuant data showed spot demand down 290K BTC over 30 days, the largest drop since December 2023, and USDT market cap down $7.7 billion in 60 days.

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