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Bitcoin drops below $70K amid $1.47B liquidations; Coinbase gains federal trust bank approval.

14 Nov 2026, 07:56 WIB
Crypto news
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Neutral
Bitcoin drops below $70K amid $1.47B liquidations; Coinbase gains federal trust bank approval.

Bitcoin fell below $70,000 due to heavy liquidations totaling $1.47 billion and ETF withdrawals, signaling market pressure. Coinbase secured full federal trust bank approval for its institutional custody business, enhancing regulatory standing. Meanwhile, NYSE chose Avalanche for its tokenized securities platform, aiming for blockchain-based stock and ETF trading. Binance completed asset replacement after its October hack, and regulatory actions tightened controls on MEXC exchange transfers, reflecting ongoing industry challenges.

Avalanche (AVAX) trades at Rp147.627 on Pluang with a slight 1-day gain of 0.21% as of Nov 14, 2026 13:01 WIB. Binance Coin (BNB) is priced at Rp11.308.114, down 1.01% in the same period. The market shows a strong buy interest in AVAX with 67% buy orders, while BNB sees 76% buy activity, reflecting active investor engagement despite recent challenges.

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