Bitcoin Price Breaks Below $72K as $656M Liquidation Bloodbath Hits Crypto
By Jamie Redman
Bitcoin’s price tumbled below $72,000 on Thursday, Nov. 12, 2026, as cryptocurrency derivatives liquidations topped $650 million over 24 hours. The sell-off battered leveraged bullish traders while institutional outflows, macroeconomic uncertainty, and weakening technology stocks compounded an already fragile market.…
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Finance
From the blog
Finchb Telegram Wallet Rewards Players with USDC and SOL for Flying
Finchb has launched Solana Bird, a game inside its Telegram wallet where players earn real USDC and SOL by flying…
Elara Winter4 min read
Ex-Ripple CTO Explains Why a Higher XRP Price Benefits the Network
Ripple CTO Emeritus David Schwartz explained on social media that a higher XRP price improves network utility, making liquidity more…
Elara Winter3 min read
Flare CEO Discusses Institutional Adoption and XRP Yield Reality
Flare CEO Hugo Philion discusses institutional adoption and XRP yield reality, explaining that FXRP decentralized finance growth depends on major…
Elara Winter3 min read