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Bitcoin drops below $69,000 triggering $1.6B crypto liquidations amid macroeconomic pressures.

Market News
13 Nov 2026, 08:46 WIB
Crypto Briefing
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Bearish
Bitcoin drops below $69,000 triggering $1.6B crypto liquidations amid macroeconomic pressures.

Bitcoin fell below $69,000, sparking $1.6 billion in liquidations across crypto markets, mainly affecting bullish traders. This decline is driven by macroeconomic uncertainty, rising Treasury yields, and expectations of a December Fed rate hike, which reduce demand for risk assets. Bitcoin's immediate support is at $68,000, with potential further drops to $62,000-$63,000 if key levels break. The broader crypto market also declined, with Ether falling below $2,000 and total market cap dropping nearly 4%.

Bitcoin market context shows broad declines among major cryptocurrencies on Pluang as of Nov 13, 2026 13:51 WIB. Out of 50 major cryptocurrencies, 37 fell and 12 rose today. Notable movers include BCH at Rp3.970.491 with a -4.35% change, AVAX at Rp149.607 down 4.18%, and ZIL at Rp27 down 4.01%.

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