CROWDFUNDINSIDER · 2026-11-13 16:35 UTC

Bitcoin Heads Lower, Dragging Proxy Firms with It

Bitcoin fell over 3% to below $69,000, down from over $83,000 one month earlier. Coinbase shares fell almost 3%, Gemini about 5% to around $2.48, and Strategy more than 5% after MSCI dropped it from its index. Sygnum Bank cites $1.6 billion in crypto liquidations, while Bitget Wallet points to a roughly 85% chance of a December Fed rate hike, persistent spot ETF outflows and unwinding leveraged longs.

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