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Bitcoin price today is below $70,000 for the first time since August. The coin fell to $67,555 at about 2 a.m. ET on Friday, November 13, according to Forbes, citing Coinbase data from TradingView. By 1:49 p.m. ET it traded near $68,848, down 3.8% on the day, the Motley Fool reported.
This brief explains why bitcoin price today is falling, how rate expectations fit in, and what holders may want to check. The checks are The Jolt Journal’s suggestions, not investment advice. Crypto prices move around the clock, so the figures below are snapshots from Friday.
Bitcoin price today: the key levels
| Measure | Level | Source |
|---|---|---|
| Overnight low (about 2 a.m. ET) | $67,555 | Forbes |
| Price at 1:49 p.m. ET | $68,848, down $2,720.91 (3.80%) | Motley Fool |
| Day’s range | $67,922 to $71,690 | Motley Fool |
| 52-week range | $57,945.16 to $103,933.44 | Motley Fool |
| Market value | About $1.38 trillion | Motley Fool |
At the afternoon price, bitcoin sat about 34% below its 52-week high, by The Jolt Journal’s arithmetic from the Motley Fool’s quote data. Forbes called the overnight low the weakest level since about August 19. The Motley Fool described it as a sixth weekly decline.
Why bitcoin price today is falling
Reports point to several causes at once. No single one explains the move.
- Rate-hike bets. A hotter-than-expected October inflation report raised expectations of a Fed rate increase, according to the Motley Fool and Forbes.
- A stronger dollar. The U.S. Dollar Index rose above 103, its highest level since April 2025, per Cryptonomist.
- Higher yields. The Motley Fool said the 10-year Treasury yield reached 5.13%. Higher yields can pull money away from riskier assets.
- Forced selling. Leveraged long positions were liquidated as bitcoin broke $70,000. Rick Maeda of Laevitas called it a leverage event, per Cryptonomist.
- Spillover from stocks. Forbes quoted Marc Bernegger of AltAlpha Digital saying Nvidia’s leadership shock spread to riskier assets.
In short, bitcoin price today reflects a market that was crowded with leveraged bets and then met a rate scare.
How Fed expectations affect bitcoin price today
Cryptonomist cited the CME FedWatch tool as showing an 88% chance of a quarter-point Fed increase in December and a 12% chance of a half-point move. The Fed meets December 8 and 9. The Motley Fool’s author called a quarter-point hike “all but assured.”
| Rate signal | Reading | Source |
|---|---|---|
| Chance of a 25-basis-point December hike | 88% | CME FedWatch via Cryptonomist |
| Chance of a 50-basis-point December hike | 12% | CME FedWatch via Cryptonomist |
| 10-year Treasury yield | 5.13% | Motley Fool |
| U.S. Dollar Index | Above 103 | Cryptonomist |
For background on the Fed’s last decision, see The Jolt Journal’s explainer on what the October hold meant. Its report on hot inflation and hike odds covers how this cycle began.
Liquidations and ETF outflows behind bitcoin price today
Two data points show how stressed the market was. Per Cryptoticker, citing CoinGlass and CoinDesk, more than $1.3 billion of crypto futures were liquidated within 24 hours, about $677 million of it on bitcoin. Later snapshots from other outlets put the total as high as $1.62 billion, so the range is $1.3 billion to $1.6 billion. Forbes cited a lower single-day figure for leveraged bitcoin longs, more than $650 million, so totals depend on the window used.
| Fund flow | Amount | Window |
|---|---|---|
| BlackRock’s IBIT, net outflows | Over $2 billion | Nine straight sessions through Wednesday |
| All U.S. spot bitcoin ETFs, net outflows | About $1.44 billion | Five sessions |
| U.S. spot bitcoin ETFs, preliminary | $47.7 million out | Thursday, per Farside |
Cryptoticker attributed the ETF figures to Cointelegraph and Farside, and noted that some BlackRock and Fidelity numbers were still pending.
Other coins alongside bitcoin price today
| Coin | Price | 24-hour move |
|---|---|---|
| Ether | About $1,942 | Down 5.2% |
| BNB | About $634 | Down 5.9% |
| Solana | About $80.50 | Down 2.9% |
| XRP | About $1.03 | Down 1.3% |
These figures are Cryptoticker’s, from CoinGecko at 07:30 UTC. The site also reported that the Crypto Fear and Greed Index read 20, “Extreme Fear,” down from 28 a day earlier, and that ether fell below $2,000 for the first time since August.
What holders may want to check as bitcoin price today falls
These are The Jolt Journal’s suggestions, framed as questions. They are not a recommendation to buy, sell or hold.
- How large is the position? A drop of a few percent in a day matters more when the holding is a big share of net worth.
- Is any of it bought with debt? Credit card rates are high and a falling price does not lower the balance.
- Where is it held? Coins on an exchange carry different risks than an ETF share. The site’s guide to a crypto exchange hack or frozen withdrawals lists protections that crypto does not have.
- What is the cost basis? Know the purchase price before any sale, because it sets any gain or loss.
- Is a leveraged product involved? Marc Dumpff of BTC Now told Forbes that “a lot of today’s selling is just people raising cash.”
What the IRS says about selling at a loss
The IRS says in its digital asset FAQ that digital assets are treated as property. A sale for dollars at a loss produces a capital loss that must be recognized, subject to limits on deducting capital losses. Transactions go on Form 8949 unless a broker supplied a Form 1099-DA, and totals flow to Schedule D.
The FAQ page does not mention wash sales. Anyone who plans to sell and rebuy should ask a tax professional how the rules apply to their situation.
What bitcoin price today does not show
A one-day move in bitcoin price today does not predict the next one. Totals for liquidations differ by source and time window. The ETF flow figures include preliminary data. Several of the causes cited, such as the Nvidia news, are analysts’ interpretations, not measured effects.
Editor’s take
Editor’s take: bitcoin price today looks more like a leverage flush layered on a rate scare than a change in how bitcoin works. Each cause in the reports is plausible, but none is proven. The useful lesson for holders is plain. A coin that can fall about 4% in an afternoon needs a position size that fits the owner’s budget and an absence of borrowed money behind it.
This article is for general information, based on Forbes, the Motley Fool, Cryptonomist, Cryptoticker and the IRS as of November 13, 2026. It is not investment, tax or legal advice. Crypto prices change constantly.
