Bitcoin extended its slide on Friday, November 13, reaching about $67,770, its lowest level since August 19, according to a report republished by KuCoin that cited CoinGlass, Farside Investors and CME FedWatch data. That is below the sub-$70,000 break earlier in the session and leaves the price roughly 17% down for the quarter, CoinDesk reported.
The new angle is the dollar. CoinDesk said the Dollar Index traded above 103, its highest level since April 2025, up nearly 2% since early October, as odds of Federal Reserve rate hikes rose. The republished report said CME FedWatch showed an 88% probability of a 25-basis-point increase at the Fed’s December 8-9 meeting, following above-forecast inflation data this week.
CoinGlass data showed $1.64 billion in liquidations over 24 hours, with longs making up about 88.7% of the total. Bitcoin futures accounted for $916 million, and the largest single liquidation was a $31.1 million long on Hyperliquid. Bitcoin open interest fell 5.4%.
CoinDesk reported that bitcoin is heading for a sixth consecutive weekly decline, down 11% in November and 21% so far in 2026. The record losing streak is nine weeks, set in 2022, the outlet noted. It also pointed to Jensen Huang’s exit from Nvidia and the rate outlook as added pressure. Weekly closes remain the next test, with October producer prices due the same day.
Track the market yourself with AiTraderView’s FREE tools: Crypto Cockpit for charts and 75+ indicators, Crypto Screener to find setups, and Crypto Portfolio to follow your holdings. Just create a FREE account and try them yourself!
Sources:
CoinDesk via cryptonews.net: Bitcoin dips below $70,000 as Dollar Index hits 19-month high
KuCoin (NS3 report): Bitcoin falls below $70,000 amid dollar rally
⚠️ RISK WARNING & AI DISCLOSURE
- This information is generated by Artificial Intelligence (AI) and complex algorithms. While advanced, these systems can contain errors or inaccuracies and are for educational purposes only.
- Technical analysis provides no guarantees; this information is purely informative.
- All discussed scenarios are hypothetical and do not constitute predictions or expectations.
- Past performance is not an indicator of future results.
- This is not financial advice and is not intended as a call-to-action for the reader.
- No implicit direction is claimed, and no specific behavior of market participants is suggested.