Bitcoin and Ethereum extend selloff as crypto liquidations reach $680.81M
Bitcoin and Ethereum fell below levels reported at Thursday’s three-month lows as the broader crypto market slid into extreme fear.
Bitcoin and Ethereum fell below levels reported at Thursday’s three-month lows as the broader crypto market slid into extreme fear. Bitcoin (BTC) is trading at $68,829.00, up 0.2% since this brief published. This is an original TLT brief based on reporting by CryptoSlate, with live market data added, as of Fri, 13 Nov 2026 04:30:08 UTC.
The selloff combines falling asset prices with heavy losses for traders positioned for gains, indicating broad market stress and substantial leveraged exposure. Bitcoin’s weakening relative to the total crypto market is also visible in its $1.38 trillion market capitalization.
- Bitcoin dropped to $68,706, down 6.83% over 24 hours
- Ethereum reached $1,929.90, falling 13.73% over seven days
- Crypto liquidations totaled $680.81 million in 24 hours
- Long positions represented 88% of liquidated crypto positions
- Zcash Selloff Draws Attention as Bitcoin and Ethereum Trade Muted
- Ethereum slips below $2,100 as ETF outflows and liquidations add pressure
- Major Crypto Assets Extend Selloff as Fear Gauge Falls to 29
- Bitcoin and Ethereum extend selloff as crypto liquidations reach $680.81M — this brief
Bitcoin and 
Ethereum extended their selloff beyond the three-month lows reported by CryptoSlate on Thursday, according to live market data. Bitcoin was trading at $68,706, down 6.83% over 24 hours, while Ethereum stood at $1,929.90 after a 13.73% decline over seven days. Both assets were therefore below the respective lows of $71,317 and $1,983 cited in CryptoSlate’s earlier coverage.
The broader crypto market remained under pressure, with total capitalization at $2.38 trillion and a broadly negative session across the market. CryptoSlate reported that the selloff had erased $550 billion in market value since October, when total capitalization was approximately $2.94 trillion in early October. The Fear & Greed Index stood at 20, placing sentiment in the Extreme Fear category.
BeInCrypto highlighted the damage to leveraged traders. Crypto traders betting on rising prices lost $599 million over 24 hours, while total crypto liquidations reached $680.81 million. Long positions accounted for 88% of that total, according to Coinglass data cited by BeInCrypto, showing that the decline forced the closure of positions established in anticipation of higher prices.
The two outlets corroborate the scale of the downturn but emphasize different parts of it. CryptoSlate focused on Bitcoin and Ethereum reaching three-month lows and on the market’s broader capitalization loss, while BeInCrypto concentrated on liquidation activity and positioning. BeInCrypto also identified Friday’s US producer-price data as a potential market catalyst, adding a macroeconomic watchpoint to the technical and positioning damage already reported.
Bitcoin’s current $1.38 trillion market capitalization represented a substantial share of the $2.38 trillion total crypto market, while Ethereum’s capitalization stood at $235.83 billion. Immediate watchpoints include whether either asset can recover the Thursday price markers, whether total liquidations continue rising and whether extreme-fear sentiment changes; the supplied data establish the current conditions but do not indicate the direction of a recovery.
Since this brief published about 9 hours ago, Bitcoin (BTC) has moved from $68,706.00 to $68,829.00 — +0.18%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin reach $90,000 by December 31, 2026?
Crowd-implied probability on Polymarket, $75.62K 24h volume, resolves Jan 1 — snapshotted when this brief published (Nov 13 04:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦96.86M (about $68,829.00), down 6.7% over 24 hours. The naira itself trades about 4.2% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Bitcoin and Ethereum extend selloff as crypto liquidations r — questions & answers
What were the reported three-month lows for Bitcoin and Ethereum?
CryptoSlate reported Bitcoin at $71,317, its lowest level since August, and Ethereum briefly touching $1,983, below $2,000.
How much did crypto liquidations total over 24 hours?
Total crypto liquidations reached $680.81 million, with long positions accounting for 88%, according to Coinglass data cited by BeInCrypto.
How are Bitcoin and Ethereum performing now?
Bitcoin is at $68,706, down 6.83% over 24 hours, while Ethereum is at $1,929.90, down 6.00% over 24 hours and 13.73% over seven days.
How much is 1 Bitcoin worth in naira today?
About ₦96.86M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $68,829.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.18% since this brief first published — trading at $68,829.00 now versus $68,706.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CryptoSlate. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.