THE BLOCK · 2026-11-13 06:23 UTC

Bitcoin tumbles below $69,000 as Nvidia turmoil adds to Fed-driven market jitters

Bitcoin fell 7% in 24 hours to $68,408, its lowest since Aug. 20, with ether down 6% to $1,921. Crypto liquidations totaled $1.47 billion over 24 hours, $1.31 billion of it long positions, per CoinGlass. Traders are weighing Jensen Huang's resignation as Nvidia CEO and expectations of a Fed rate hike, possibly 50 basis points, in December.

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