Bitcoin value drops below $70,000 first time since August 20
Detailed summary
By 6:09 Moscow time, Bitcoin traded at $66,910
MOSCOW, November 13. /TASS/. The price of Bitcoin dropped below $70,000 first time since August 20 of this year, according to Binance platform data.
As of 5:52 a.m. Moscow time (2:52 a.m. GMT), the cryptocurrency lost 2.18%, trading at $69,900.
By 6:09 a.m. Moscow time (3:09 a.m. GMT), Bitcoin traded at $66,910 (-2.17%). At the same time, Ethereum, the nearest rival, lost 1.8% to $1,983.44.
According to Coinglass data, global cryptocurrency exchanges liquidated positions held by 125,760 traders worth $901.89 mln over the past 24 hours. Hyperliquid cryptocurrency exchange accounted for the majority of liquidations ($317.88 million). Around $772 mln in liquidations involved long positions, while $129.8 mln involved short positions. The largest liquidation order over the past 24 hours was placed on the Hyperliquid cryptocurrency exchange in the BTCUSDT pair and was worth $31.09 mln.
According to Coinmarketcap, capitalization of the entire cryptocurrency market stood at $2.36 trillion, with Bitcoin accounting for $1.41 trillion, and Ethereum - for $243.26 billion.
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