How the Drop Unfolded on November 13

Cointribune's timeline shows how quickly the levels gave way. Bitcoin was still trading above $73,000 on Thursday, the outlet reports. At 3:11 UTC on Friday, Binance showed BTC at $69,961, down 5.20% in 24 hours. Forty minutes later the price was $68,975, and by 5:56 UTC it was $67,809. Cointribune adds that CoinGlass recorded a 24-hour low of $67,449 and that Bitcoin lost about 9% over the week.

Coinpaper, in a report republished by KuCoin News on November 13, put the early low at approximately $67,568 before a recovery toward the $68,000 to $69,000 range. It said the move followed Thursday's break below $72,000. Cointribune notes that Bitcoin now trades about 45% below its all-time high from October 2025, and that Ethereum slipped under $2,000 during the same session.

Reported Price Points, November 13
3:11 UTC$69,961 on Binance (Cointribune)
3:51 UTC$68,975 on Binance (Cointribune)
5:56 UTC$67,809 on Binance (Cointribune)
Early lowAbout $67,568 (Coinpaper)
24-hour low$67,449 (CoinGlass, per Cointribune)

Why Liquidation Totals Range From $1.47 Billion to $1.64 Billion

The liquidation totals come from CoinGlass's rolling 24-hour count, which changes through the day, so readings taken at different moments will not match. Coinpaper cited approximately $1.47 billion in liquidated crypto positions, including around $1.31 billion in leveraged longs, and said about $798 million was liquidated in one four-hour period. Cointribune's reading of the same tracker showed $1.64 billion, with $1.46 billion in long positions and $182.75 million in shorts.

Cointribune also reported that about 186,412 traders were liquidated and that the largest single liquidation was $31.09 million on Hyperliquid. A liquidation happens when a trader using borrowed funds no longer holds enough collateral and the platform closes the position automatically. Those forced sales can push the price lower and set off further liquidations, which is how a decline can feed on itself in a leveraged market.

"Nearly 89% of liquidated amounts concern long positions." - Cointribune

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ETF Outflows, Rate Fears and Market Sentiment

Both outlets point to selling beyond the derivatives market. Citing Farside Investors, they report that US spot Bitcoin ETFs saw $299.8 million in net outflows on November 11 and a preliminary $47.7 million on November 12. Cointribune says BlackRock's IBIT fund accounted for $269.7 million of the November 11 figure. Coinpaper puts reported withdrawals across the six sessions from November 5 to 12 at approximately $1.49 billion. We tracked an earlier wave in our report on Bitcoin ETF outflows in October.

Coinpaper ties the pressure to the wider economy as well: a hotter-than-expected October inflation report, expectations of another Federal Reserve rate increase, Treasury yields above 5%, and MSCI's removal of Strategy from its indexes. On sentiment, Cointribune reports that the Crypto Fear & Greed Index from Alternative.me fell to 20 out of 100 on Friday from 28 the day before, a range the index labels extreme fear.

The Price Levels Analysts Are Watching

Neither outlet claims to know where the price goes next. Coinpaper describes $67,500 to $68,000 as the first area to monitor, with $66,000 and $65,000 below it, and says a recovery above $70,000 would be an initial sign of stabilization. Cointribune, citing Glassnode, notes a buy order zone between $68,000 and $72,500 that BTC has now slipped beneath, and liquidation clusters between $59,500 and $62,600.

For context from our own archive, Bitcoin was testing $81,000 in mid-October and sat near $63,000 in August, when we asked whether the bear market was just getting started. Large institutions have kept building in the space in the meantime, as covered in our Wall Street onchain report. This article is news coverage of reported market data. It is not financial advice.

More Coverage From Di-VerZe E.N.T

We will keep following this story as new data comes in, and the figures above reflect what was reported on November 13. Find the latest crypto, business and Atlanta coverage on the Di-VerZe E.N.T news page. And if you want something steady in the background while the charts move, listen live on Di-VerZe HitZ Radio, a free 24/7 Atlanta hip-hop and R&B station on the web, iOS and Android.

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Frequently Asked Questions

Why did Bitcoin fall on November 13, 2026? Reports from Coinpaper and Cointribune point to forced liquidations of leveraged long positions, continued outflows from US spot Bitcoin ETFs, and macro pressure including Federal Reserve rate expectations. Neither outlet names a single cause.
How low did Bitcoin go on November 13? Cointribune reported $67,809 on Binance at 5:56 UTC and a CoinGlass 24-hour low of $67,449. Coinpaper reported a low of approximately $67,568. Figures vary by exchange and by the time each reading was taken.
How much crypto was liquidated in the sell-off? Coinpaper cited about $1.47 billion in 24-hour liquidations from CoinGlass, including $1.31 billion in longs. Cointribune's reading of the same tracker showed $1.64 billion, with $1.46 billion in long positions.
What is the Crypto Fear & Greed Index reading now? According to Cointribune, the Alternative.me Crypto Fear & Greed Index stood at 20 out of 100 on Friday, November 13, down from 28 the previous day. Readings that low fall in the extreme fear range.

Sources

Reporting & References
SourceCointribune
SourceCoinpaper via KuCoin News