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$BTC$68,970−6.0%$ETH$1,938−5.1%$SOL$79.83−3.8%$XRP$1.03−2.0%$TON$1.15−7.5%MCap$2.33T−4.4%BTC.D59.1%Fear&Greed20 Extreme FearGas0.18 gwei·2 sat/vBNews mood21% bullish
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Bitcoin · 1 min read

Bitcoin Breaks Below $69,000 as Altcoins Plunge to Four-Week Lows

Ether, XRP, and SOL hit four-week lows on Coinbase as bullish liquidations dominate a broad market selloff.

Editorial oversight: Julian Mercer, Chief Editor
Bearish
$BTC $68,970 −6.0% $ETH $1,938 −5.1% $XRP $1.03 −2.0% $SOL $79.83 −3.8%

At a glance

What happened
Bitcoin broke below $69,000 on Nov. 13 as Ether, XRP, and SOL dropped to four-week lows on Coinbase.
Why it matters
Bullish positions absorbed the majority of liquidations as multi-week price support levels failed across spot and derivative venues.
Who is affected
Crypto spot and derivative traders, particularly long position holders across major exchanges including Coinbase.
What's next
No next step announced.
Primary source
thedefiant.io: Bitcoin Breaks Below $69,000 as Selloff Sets New Lows

Key points

  • Bitcoin broke below the $69,000 level as market selloffs set fresh lows on Nov. 13 1.
  • Ether, XRP, and SOL hit four-week lows on Coinbase during the downturn 1.
  • Bullish long bets accounted for the majority of tracked market liquidations 1.

$BTC fell below the $69,000 threshold as an escalating market downturn pushed major digital assets to fresh lows on Nov. 13 1. The decline extended across the broader cryptocurrency sector, with $ETH, $XRP, and $SOL concurrently sliding to four-week lows on Coinbase 1.

The downturn triggered a wave of forced unwinds across derivatives platforms, with bullish long positions accounting for the majority of tracked liquidations during the session 1. At the time of writing, Bitcoin traded at $67,969, down 7.6% over a 24-hour window, while Ether changed hands at $1,908, marking a 6.8% daily drop. The cumulative crypto market capitalization stood at $2.31T, alongside a Fear & Greed Index reading of 20, reflecting extreme fear.

Broad Market Pressure Mounts

The move beneath key round-number support marks a continuation of systemic downward pressure across digital asset venues 1. Earlier market phases saw consecutive breaks through higher structural thresholds, including sequences where Bitcoin slides toward $76,000 as tech slump triggers $428M in liquidations and Bitcoin breaks below $77,700 trader cost basis as short-term losses mount.

Trading activity on centralized exchanges showed leveraged long trades suffering the bulk of margin calls as spot prices established new local lows 1. Major altcoins displayed parallel weakness, as Ether, XRP, and Solana reached price levels on Coinbase not recorded in the past four weeks 1.

Sources

  1. [1] Bitcoin Breaks Below $69,000 as Selloff Sets New Lows — thedefiant.io, November 13, 2026

Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.

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