Key Notes
- US-based promoting strain by Coinbase accelerated Bitcoin’s decline, ending its 189-day streak above $100,000.
- Polymarket merchants assign 66% likelihood to BTC reaching $95,000 in November amid continued promoting strain.
- The liquidation cascade represents This fall’s largest compelled closure occasion with Ethereum, Solana and XRP experiencing comparable volatility.
Cryptocurrency markets recorded $657.88 million in liquidations over 24 hours as Bitcoin
BTC
$96 177
24h volatility:
6.4%
Market cap:
$1.92 T
Vol. 24h:
$129.65 B
dropped to $98,377 on Nov. 13, in line with CoinGlass information.
Lengthy positions accounted for $533.57 million of compelled closures, whereas shorts represented $124.31 million. The liquidation cascade accelerated from $513.15 million on the 12-hour mark.
Whole Market Liquidation Heatmap | Supply: Coinglass
CoinGecko API data reveals the cryptocurrency reached its third sub-$100,000 low of November on Nov. 13 at $98,377, following breaches to $99,607 on Nov. 4 and $99,377 on Nov. 7. The November lows mark a 22% correction from the Oct. 6 peak of $126,080.
Bitcoin Value Chart | Supply: Buying and selling View
Ethereum
ETH
$3 182
24h volatility:
7.5%
Market cap:
$384.28 B
Vol. 24h:
$55.49 B
traded at $3,267, Solana
SOL
$141.0
24h volatility:
9.1%
Market cap:
$78.37 B
Vol. 24h:
$10.01 B
at $147.91, and XRP
XRP
$2.29
24h volatility:
8.0%
Market cap:
$138.11 B
Vol. 24h:
$7.77 B
at $2.36 on Nov. 13, in line with CoinGecko information. The broader cryptocurrency market experienced similar volatility earlier this month, as beforehand reported by Coinspeaker.
What’s Behind Bitcoin’s Drop?
Analyst Satoshi Stacker famous US-based promoting strain contributed to the breach. “The Coinbase $BTC low cost signifies that US-based promoting has reaccelerated as we speak and helped push Bitcoin under $100,000,” Stacker wrote.
Bitcoin is tapping liquidity under $100K 👀
Key space of curiosity right here, confluence across the vary low.
Large gamers ought to use that liquidity, in any other case ☠ pic.twitter.com/SxUHVxKWKi
— Maartunn (@JA_Maartun) November 13, 2025
Dealer Maartunn recognized the $100,000 degree as a key liquidity zone. The drop ended a 189-day streak of Bitcoin closing above $100,000, spanning from Might 8 by Nov. 12, in line with analyst Ghost.
💡 Fast Reminder: Bitcoin hasn’t closed under $100K for 189 days in a row (Might 8 – Nov 12).
Fairly attention-grabbing to see what is going to occur as we speak.
Let’s see if that streak continues or stops. pic.twitter.com/hkX7rBfTyA— Ghost鬼 𝓰𝓶𝓰𝓷𝓪𝓲 💹🧲 (@eth_taco) November 13, 2025
Strategist Liz Thomas famous divergence with gold efficiency. “Greenback weak spot hasn’t helped Bitcoin, nevertheless it’s helped gold,” Thomas noticed.
Merchants Wager on Additional Draw back
Polymarket merchants priced a 66% likelihood of the cryptocurrency reaching $95,000 in November, whereas Kalshi contributors assigned 37% odds to a different S&P 500 firm asserting Bitcoin purchases this yr.
ETF redemptions contributed to downward strain, whereas liquidation occasions marked This fall’s largest compelled closure day.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm info by yourself and seek the advice of with knowledgeable earlier than making any selections primarily based on this content material.
As a Web3 advertising strategist and former CMO of DuckDAO, Zoran Spirkovski interprets advanced crypto ideas into compelling narratives that drive progress. With a background in crypto journalism, he excels in growing go-to-market methods for DeFi, L2, and GameFi initiatives.
