Bitcoin is approaching a critical liquidation zone between $59,500 and $62,600, where many leveraged bullish trades could be forcibly closed, potentially accelerating its price decline. Recent market conditions show shrinking trading liquidity and a $1.64 billion liquidation event around November 13, mostly from bullish positions. Stablecoin supply has also contracted by $17 billion in a month, reducing available capital. Despite this, some large Bitcoin holders are selectively accumulating, while U.S. interest rate hike expectations add further uncertainty ahead of the Federal Reserve meeting in December.
Bitcoin faces a critical liquidation cluster near $60,000, with a major event of $1.64 billion liquidations recently recorded. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Nov 15, 2026 07:21 WIB: out of 50 major cryptocurrencies, only 4 rose while 45 fell. Notable movers include SUSHI down 11.45% with 99% sell orders, ADA down 11.41% with 76% sell orders, and SAND down 11.39% with 0% sell orders.
Bitcoin fell to $63,320, its lowest since mid-August, triggering over $1.9 billion in liquidations mostly from bullish traders. The broader crypto market lost nearly 6%, with major coins like Ether, BNB, XRP, and Solana dropping 9-12%. The Crypto Fea...
Chris Yin, CEO of Plume, highlighted that tokenizing real-world assets like stocks and U.S. Treasury bills can help investors who struggle to access these markets through traditional channels. He noted that short-dated Treasury bills are particularly...
Binance's Ether (ETH) spot order book currently has $8.93 million in buy orders versus $6.85 million in sell orders, creating a $2.08 million surplus on the buy side. This makes Binance's order book the deepest compared to other exchanges like Coinba...
Bitcoin plunged to $63,320, its lowest since mid-August, triggering $1.9 billion in crypto liquidations, mostly from long positions. Major altcoins also fell sharply, dragging the total crypto market cap down nearly 6% to $2.3 trillion. Rising inflat...
XRP's price rose 3.60% within an hour to $0.9295 on Binance, recovering from $0.8972 an hour earlier, despite being down 8.15% over the past 24 hours. This short-term gain was accompanied by significant liquidations of short positions totaling $260,0...
