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Crypto sell-off wipes $1.2B in leveraged longs; Bitcoin tests key $67,922 support level

Market News
14 Nov 2026, 17:25 WIB
Altcoin Buzz
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Bearish
Crypto sell-off wipes $1.2B in leveraged longs; Bitcoin tests key $67,922 support level

On 14 November, the crypto market saw a sharp downturn with Bitcoin dropping about 3% to near $67,200, triggering over $1.2 billion in leveraged position liquidations, mostly longs. This forced sell-off pushed Bitcoin close to its 200-week moving average, a critical support level around $67,922. The sell-off also coincided with continued outflows from US spot Bitcoin ETFs and rising US wholesale inflation, factors that may influence market sentiment ahead of the Federal Reserve's rate decision on 9 December. Investors will watch if Bitcoin holds this support and monitor ETF flows when trading resumes on 16 November.

As of Nov 14, 2026 22:41 WIB, Bitcoin on Pluang is priced at Rp1.202.794.953, down 3.87% in the past day. The platform shows a market cap of Rp24.195,74 trillion and a 24-hour trading volume of Rp567,26 trillion. Notably, typical Bitcoin holders on Pluang maintain their positions for about 113 days, indicating a medium-term holding trend despite recent volatility.

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