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Nov 13, 2026

Bitcoin falls below $69,000 triggering over $600 million in liquidations

Bitcoin dropped to a three-month low below $69,000, extending a multi-week selloff driven by hot US inflation data, rising Fed rate-hike expectations, and Nvidia CEO turmoil, liquidating over $600 million in leveraged positions across crypto markets.

Nov 13, 2026·7 sources
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Nov 12, 2026

US strikes IRGC naval base in southern Iran near Strait of Hormuz

Iran's state media confirmed that the IRGC's Shahid Rahbari Naval Base in Sirik, Hormozgan Province, was struck in reported US airstrikes, while a merchant vessel was also hit by a projectile near the UAE coast exiting the Strait of Hormuz.

Nov 12, 2026·4 sources
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Top claims

  • ▪Coinglass data recorded $325 million to $677 million in Bitcoin liquidations and over $106 million to $120 million in Ethereum liquidations on November 13, 2026
  • ▪Giottus CEO Vikram Subburaj attributed Bitcoin's weakness on November 13, 2026, to institutional outflows, tightening crypto liquidity, and expectations of a December Federal Reserve interest rate hike
  • ▪The single largest individual liquidation order on November 13, 2026, was a $31.09 million Bitcoin long position on the Hyperliquid decentralized platform, closed near $72,250

Topics

Crypto market liquidationIslamic Revolutionary Guard CorpsEthereumBitcoin ETFsStrait of HormuzCrypto marketsFederal ReserveBitcoinMacroeconomic factors affecting crypto marketsU.S. Dollar IndexRussia-Ukraine warCongressIran WarUkraine peace & ceasefire talksThe U.S.-Iran war: parties, proxies & operationsPete Hegseth impeachment effortMarco RubioStrait of Hormuz blockageTrump administration

Related entities

BitcoinBahrainUnited StatesIranSolanaHyperliquidAbu DhabiDelhiUkraineVenezuelaLeonardoAyodhya