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Bitcoin drops below $69,000 with $1.3B in long crypto futures liquidated amid rising Treasury yields

Market News
13 Nov 2026, 20:23 WIB
Altcoin Buzz
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Bearish
Bitcoin drops below $69,000 with $1.3B in long crypto futures liquidated amid rising Treasury yields

Bitcoin fell below $69,000 on 13 November, triggering over $1.3 billion in liquidations of leveraged crypto positions, mostly long bets expecting price rises. This sharp decline was worsened by thin order books and a rise in US 10-year Treasury yields above 5%. BlackRock's IBIT saw more than $2 billion in outflows over nine sessions, reflecting investor fear as the Crypto Fear & Greed Index hit extreme fear levels. Upcoming events include Injective's governance vote closing on 16 November and a network upgrade planned for 24 November, which may influence market sentiment further.

Solana trades at Rp1.456.008 on Pluang as of Nov 14, 2026 01:41 WIB, down 1.96% in the past day. This price movement occurs while the crypto market experiences significant volatility, highlighted by Bitcoin's drop below $69,000 and large liquidations exceeding $1.3 billion. Pluang users show a buying interest in Solana, with 66% of orders as buys and a typical hold time of 73 days, indicating steady engagement despite market swings.

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