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Bitcoin drops below $72,000 amid $656M crypto market liquidations in 24 hours

Market News
12 Nov 2026, 16:45 WIB
Tokenpost
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Bearish
Bitcoin drops below $72,000 amid $656M crypto market liquidations in 24 hours

Bitcoin's price fell below $72,000 on the morning of November 12, coinciding with over $656 million in liquidations across the cryptocurrency market within a 24-hour period. This significant drop highlights increased market volatility and selling pressure in digital assets. The liquidation figure covers the entire crypto market, while the price threshold specifically pertains to Bitcoin. Investors should watch for further price movements as the market reacts to these shifts.

Bitcoin's recent price drop below $72,000 comes alongside a broad downturn in major cryptocurrencies on Pluang. For readers following crypto markets, here is Pluang's snapshot as of Nov 12, 2026 21:32 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell. Notable movers include ZIL (Zilliqa) down 5.58% at Rp27 with 85% buy orders, CRV (Curve DAO Token) down 5.31% at Rp4,230 with 100% buy orders, and SAND (The Sandbox) down 5.23% at Rp732 with 75% sell orders.

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