News report ₿ Crypto 🌍 GLOBAL

Bitcoin Slumps to $67,770 as Dollar Rallies and Liquidations Hit $1.64B

Bitcoin dropped 3.5% to $67,770 and Ether hit $1,900 as a surging dollar and $1.64 billion in liquidations pressured crypto markets, compounded by Nvidia CEO Jensen Huang's resignation.

📅 November 13, 2026 🕐 1 min read

5 assets impacted (Crypto, Forex, Stocks). Net bias: 1 Bullish, 4 Bearish, 0 Neutral. Strongest signal: BTC ↓ 7/10 (85% confidence).

📊 Affected Assets (5)

BTC

Bearish 🤖 85%

📅 Short-term 🌍 GLOBAL · Explicit

Bitcoin fell through $70,000 to as low as $67,770, a 12-week low not seen since Aug. 19, down 3.5% since midnight UTC. The drop is driven by an 88% market-implied chance of a Fed rate hike in December, a Dollar Index above 103, $1.64 billion of liquidations (88.7% longs) and $1.88 billion of monthly ETF outflows. Derivatives data show negative funding and heavy put demand, pointing to continued downward pressure.

Catalysts

▼ 88% CME Fedwatch odds of a 25bps December rate hike, Fed meets Dec. 8-9
▼ $1.64 billion of 24h liquidations, 88.7% of them longs

Risk Factors

▲ Funding is moderately negative, meaning shorts pay longs, which can force short covering
▲ October producer prices due later today, expected +0.4% monthly, could shift the rate outlook

ETH

Bearish 🤖 80%

📅 Short-term 🌍 GLOBAL · Explicit

Ether hit $1,900, its lowest since Aug. 18, down 4.9% with $289 million of liquidations, 89.5% of them longs. Negative funding and the most-traded option being the $1,800 put expiring Nov. 20 show bearish positioning. BTCS selling ether at a loss to protect a $64 million Aave loan adds forced-selling pressure, with the loan at risk near $1,717.

Catalysts

▼ Ether hit $1,900, lowest since Aug. 18, down 4.9%
▼ $289 million liquidated, 89.5% longs

Risk Factors

▲ Negative funding means shorts are paying longs, which can cap further falls
▲ The $1,800 put expiring Nov. 20 was the most-traded option, suggesting some traders see $1,800 as a target floor

USD

Bullish 🤖 80%

📅 Short-term 🌍 US · Explicit

The Dollar Index rose above 103, its highest since April 2025, as traders priced an 88% chance of a 25-basis-point Fed rate hike and a 12% chance of a 50bps hike after this week's hotter-than-estimated inflation data. Higher rates relative to other economies support the dollar, and October producer prices due later today plus the Dec. 8-9 Fed meeting keep the catalyst alive.

Catalysts

▲ 88% CME Fedwatch probability of a 25bps December hike, 12% for 50bps
▲ Dollar Index above 103, highest since April 2025

Risk Factors

▼ If October PPI surprises below the expected 0.4% monthly rise, hike expectations could fade

NVDA

Bearish 🤖 75%

📅 Short-term 🌍 US · Explicit

Nvidia CEO Jensen Huang resigned Thursday, sending shares of the AI chip maker, the world's second-largest company by market cap, tumbling 4%. A sudden CEO departure at a company of this size is a clear negative surprise, and the piece notes Bitcoin tends to track tech stocks tightly, indicating broad risk-off pressure on tech.

Catalysts

▼ Jensen Huang's resignation as CEO announced Thursday
▼ Shares tumbled 4% on the news

Risk Factors

▲ No successor or further details on the resignation are given in the article
▲ The 4% drop already prices part of the shock

SOL

Bearish 🤖 60%

📅 Short-term 🌍 GLOBAL · Explicit

Solana fell 2.4%, slipping below $80 even after DTCC added it to its tokenization plans targeting a 2027 rollout, showing the positive news failed to lift price. Open interest fell 8.6% against only a 3.6% price drop, meaning traders closed positions and money left the market.

Catalysts

▼ Open interest fell 8.6% versus a 3.6% price drop, signalling position exits
▼ Price slipped below $80 despite DTCC adding Solana to tokenization plans for 2027

Risk Factors

▲ DTCC tokenization inclusion targeting 2027 rollout is a potential positive that the selloff has so far outweighed

🧭 Full analysis of these assets

🎯 Key Takeaways

Bitcoin hit a 12-week low of $67,770, marking its lowest level since August 19.
Traders are pricing in an 88% chance of a 25-basis-point Fed rate hike in December.
Total crypto liquidations reached $1.64 billion over 24 hours, with 88.7% being long positions.
U.S. spot bitcoin ETFs recorded $47.7 million in net outflows on Thursday, the sixth consecutive day of losses.
Nvidia shares fell 4% after CEO Jensen Huang announced his resignation on Thursday.

📝 Executive Summary

Bitcoin fell to a 12-week low of $67,770 as the U.S. Dollar Index climbed above 103, driven by an 88% market-implied probability of a Federal Reserve rate hike in December. The market selloff triggered $1.64 billion in liquidations over 24 hours, with long positions accounting for 88.7% of the total losses. Concurrently, Nvidia shares tumbled 4% following the surprise resignation of CEO Jensen Huang, further dampening investor sentiment across risk assets.

❓ FAQ

BTC · How far has Bitcoin fallen?

Bitcoin dropped below $70,000 for the first time since August, hitting $67,770, a level last seen Aug. 19, and is down 3.5% since midnight UTC.

BTC · Why is Bitcoin falling?

Traders are pricing an 88% chance of a Fed rate increase in December after hotter-than-estimated inflation data, which strengthened the dollar and made riskier assets less attractive, while $1.64 billion of leveraged long positions were liquidated and US spot bitcoin ETFs saw continued outflows.

ETH · How low did Ether go?

Ether fell to $1,900, its lowest level since Aug. 18, with $289 million of long positions liquidated in 24 hours.

ETH · What is the Aave loan risk for Ether?

Nasdaq-listed BTCS sold ether at a loss to protect a roughly $64 million Aave loan, which would come under threat near $1,717 per ether.

USD · Why is the dollar rising?

After hotter-than-estimated inflation data, traders now see an 88% chance of a 25-basis-point Fed rate increase in December, pushing the Dollar Index above 103, its highest since April 2025.

NVDA · Why did Nvidia shares fall?

Nvidia's chief executive Jensen Huang resigned, and shares of the AI chip maker, the world's second-largest company by market cap, tumbled 4%.

SOL · Is there any positive news for Solana in this selloff?

Yes, the Wall Street clearing house DTCC added Solana to its tokenization plans targeting a 2027 rollout, but the token still fell 2.4% below $80.

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