Bitcoin traded below $70,000 on Nov. 13, reaching a rolling 24-hour low of $67,921 at about 10:52 UTC. CoinGlass recorded $869.89 million in long-position liquidations over 24 hours, compared with $31 million in short positions, indicating that forced selling amplified the decline. This dynamic unfolded against pressure on interest rates and technological uncertainty, as a stronger dollar and rising Treasury yields weighed on risk assets. The initial trigger for the drop remains undetermined, particularly because liquidations can involve different markets and do not always correspond to spot sales. NVIDIA remains a factor to watch, with its results due on Nov. 17 under interim leadership from Colette Kress.
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