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Bitcoin drops below $70,000 amid ETF outflows and inflation fears after U.S. midterms.

Market News
13 Nov 2026, 07:45 WIB
Tokenpost
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Bearish
Bitcoin drops below $70,000 amid ETF outflows and inflation fears after U.S. midterms.

Bitcoin fell below $70,000, its lowest since August 20, driven by over $2.5 billion in net outflows from U.S. spot Bitcoin ETFs between Oct. 30 and Nov. 11. Inflation concerns and expectations of further Federal Reserve rate hikes added pressure, while U.S. Treasury yields remained high. The decline contrasts with a 1% rise in the MSCI Asia Pacific Index. Political uncertainty following U.S. midterm elections, with Democrats likely regaining Congress, raised worries about increased crypto regulation.

Bitcoin's recent drop below $70,000 is presented here alongside Pluang's cryptocurrency market data as of Nov 13, 2026, 12:51 WIB. Among 50 major cryptocurrencies on Pluang, only 8 rose while 41 fell today. Notably, Balancer (BAL) gained 11.14% to Rp16.297, and EOS.IO (EOS) rose 8.13% to Rp12.649, contrasting with Uniswap (UNI), which declined 7.72% to Rp103.956 despite a strong 75% buy order activity.

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