In this video: Bitcoin sold off: the indicators warned us. Below the support zone: the July lows and 56K. Video by More Crypto Online.
Visit Trading Platform >>
Bitcoin (BTC) is trading around $68,750 to $68,850 (roughly €62,000) today, November 13, 2026, hitting a 12-week low. The cryptocurrency has dropped roughly 4% to 6% over the past 24 hours, breaking below the psychological $70,000 mark and heading toward its sixth consecutive weekly loss.
New to trading? Join iqoption for free educational materials, a risk-free demo account, and a low minimum deposit($20). Start your journey in the financial markets now!
Learn more >>
Bitcoin Insights Today
• Hawkish Federal Reserve Outlook. Stubborn U.S. inflation—with core Producer Price Index (PPI) data holding at an annualized 5%—has pushed markets to price in a high probability of another Fed rate hike in December. Rising U.S. Treasury yields and a surge in the U.S. Dollar Index (DXY) above 103 are pressuring risk assets across the board.
• Tech & AI Sector Spillover. A sharp sell-off in tech stocks is dragging down crypto markets. Following the resignation of Nvidia CEO Jensen Huang yesterday, Nvidia shares have tumbled over 13% this week, sparking broader risk-off sentiment across correlated AI and digital asset trades.
• Capital Rotation Ahead of Anthropic's IPO. Analysts at CoinDesk note that traders appear to be freeing up liquidity ahead of next week's blockbuster Nasdaq listing for AI giant Anthropic, which aims to raise up to $64.4 billion. The pullback closely mirrors Bitcoin's temporary dip ahead of the SpaceX IPO in June.
• Institutional Outflows & Index Removals. U.S. spot Bitcoin ETFs have logged roughly $1.88 billion in net outflows since the start of November. Adding to corporate headwinds, MSCI confirmed this week that it is removing major corporate Bitcoin holders Strategy and Metaplanet from its global equity indexes.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
