Bitcoin is sinking into the red this Friday, November 13, 2026. After losing $70,000, BTC fell to $67,809 on Binance, while CoinGlass recorded a low of $67,449 over 24 hours. Liquidations exceed $1.6 billion in the crypto market. The Fear & Greed index drops to 20 out of 100, in the extreme fear zone. Investors are facing a new wave of selling.
In brief
- Bitcoin falls below $68,000 and loses around 9% in a week.
- CoinGlass records $1.64 billion in crypto liquidations in 24 hours.
- The Fear & Greed index drops to 20 out of 100, compared to 28 the day before.
Bitcoin Dips Below $69,000, Triggers Liquidations
The fall accelerated during the night from Thursday to Friday. Bitcoin was still trading above $73,000 the day before, while Glassnode was already warning about the lack of liquidity and capital flight. The thresholds then gave way one after the other.
As of 3:11 UTC, Binance recorded bitcoin at $69,961, down 5.20% over 24 hours. Forty minutes later, the price fell to $68,975. At 5:56 UTC, it was worth just $67,809, down 7.88% for the day.
CoinGlass also notes a low point of $67,449 over its 24-hour window. Bitcoin is thus returning to levels abandoned for several months. The fall especially hit investors using leverage.
According to CoinGlass, liquidations reached $1.64 billion over 24 hours as of the November 13 reading. Long positions represent $1.46 billion, compared to $182.75 million for short positions.
Around 186,412 traders were liquidated. The largest individual liquidation reaches $31.09 million on Hyperliquid. These forced closures amplify the movement. When a trader no longer has sufficient collateral, their platform automatically closes their position. Additional sales may then lead to further liquidations. Nearly 89% of the amounts liquidated concern bullish positions.
Bitcoin ETFs record new withdrawals
The pressure does not only come from derivatives markets. US Bitcoin ETFs are also experiencing capital outflows. On November 10, the funds already had four consecutive sessions of withdrawals.
The trend continued. According to data from Farside Investorsspot Bitcoin ETFs saw $299.8 million in net outflows on November 11. BlackRock’s IBIT fund concentrated $269.7 million in withdrawals during this session.
As of November 12, Farside still reports $47.7 million in net outflows, according to data available during the consultation. Over these two days, the balance sheet therefore reached $347.5 million in additional withdrawals.
However, not all funds are affected in the same way. Notably, Morgan Stanley’s product continues to see some inflows, while BlackRock bears a significant portion of outflows.
The market also lacks liquidity. In its November 11 report, Glassnode noted a contraction of $14.2 billion in the supply of stablecoins over thirty days. This was the fastest decline since June 2022.
The situation is becoming delicate for buyers. Fewer stablecoins available, ETFs losing capital and bullish positions liquidated: several usual sources of demand are weakening simultaneously. Bitcoin is now trading around 45% below its all-time high of October 2025.
The crypto market falls into extreme fear
Investor sentiment has deteriorated sharply. The Crypto Fear & Greed Index from Alternative.me shows 20 out of 100 this Friday, compared to 28 the day before. He is now in a zone of extreme fear. This indicator takes into account several data points, including volatility, trading volumes and general market sentiment.
Such a low value reflects strong investor concern, without necessarily announcing an immediate rebound. Other major cryptocurrencies are also declining. Ethereum is trading below $2,000, while Solana and BNB are suffering significant losses. For bitcoin, the next levels are already being monitored.
Glassnode had identified a buy order zone between $68,000 and $72,500. BTC has now crossed its lower part.
Further down, concentrations of liquidations appear between $59,500 and $62,600. Their presence does not mean that the price will necessarily reach these levels. On the upside, the $75,600 is the average acquisition cost for short-term holders. Returning above this threshold could improve their situation.
The current pessimism is not new. Tremplin.io had already documented the rise of fear around Bitcoin, Ether and XRP before this latest acceleration. The fall below $68,000 now increases the pressure on buyers. A rebound remains possible, but the return of capital and the stabilization of liquidations will be necessary to return to a less fragile market.
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