BitcoinNov 13, 2026, 11:29 AM UTCBTC

Bitcoin Drops to $69K On 'Concentrated Liquidation' and 'Weakening' Demand

BTC dropped 5% on Friday, falling below $69,000. Experts say it was triggered by a "concentrated liquidation" and "weakening" demand.

Reported by Decrypt. CryptoNova picks and ranks the stories; the original outlet is the authority. Not financial advice. Disclaimer

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JPMorgan reported 224,545 more Strategy shares in the third quarter as its BlackRock bitcoin ETF holdings climbed to 11.4 million shares.

via The BlockBTC

Jane Street ended Q3 with 19% fewer shares in BlackRock’s Bitcoin ETF, and a higher share price lifted the stake’s value to $957 million.

via CointelegraphBTC

A total of $798 million in crypto positions has been liquidated over the past four hours, including $718.5 million in long positions.

via The BlockBTC

Bitcoin fell below its 200-week moving average as the Dollar Index held above 103, while gold struggled to recover and oil prices rebounded.

via CoinDeskBTC