Bitcoin's market price remained below the average acquisition cost of short-term holders for the fifth consecutive day, causing an estimated 10% unrealized loss for recent buyers. As of early Friday, Bitcoin traded at around $68,608, down 6.75% over 24 hours, with the price-to-cost ratio at 0.90 for coins held less than 155 days. Despite this, the MVRV Z-Score stayed above zero at 0.54, indicating some unrealized profits still exist but with a reduced margin. This trend highlights short-term market pressure and potential caution for new investors.
Bitcoin's recent market condition is provided here as context. For readers following major cryptocurrencies on Pluang as of Nov 13, 2026 15:02 WIB: 12 of 50 major cryptocurrencies rose while 37 fell. Notable movers include SXP down 46.27% at Rp37, BAL up 11.14% at Rp16.297, and ONE down 8.14% at Rp27 with 40% sell and 60% buy order activity.
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SBI Holdings CEO Yoshitaka Kitao confirmed his continued trust in XRP on social media without elaborating further. This reassurance comes as Ripple CEO Brad Garlinghouse emphasized that Ripple remains committed to XRP, viewing it as complementary to ...
Bitcoin fell below $69,000 following a wave of liquidations totaling $1.41 billion in 24 hours, mainly from long positions. Ether also dropped below $2,000. The market faces a liquidity crunch as US Bitcoin ETFs have seen $1.44 billion in withdrawals...
