Bitcoin Price Breaks Below $72K as $656M Liquidation Bloodbath Hits Crypto

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. Bitcoin Bulls Get Steamrolled as Liquidations Accelerate Bitcoin’s price fall and its latest […]
Key Takeaways
- 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.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Bitrue Halloween Trading Frenzy Hits Final Day With 33,333 USDT Prize Pool
Futures traders have until Nov. 12 at 10:00 UTC to climb the leaderboard, with the top three places carrying the largest shares of the pool Bitrue’s Halloween Trading Frenzy hits its final day with a 33,333 USDT leaderboard prize pool still to be settled,…

Jensen Huang resigns as NVIDIA CEO and board member
Colette Kress will remain Nvidia’s chief financial officer while serving as interim CEO as the board searches for a permanent successor.

Nvidia shares plunge 10% to June 2025 levels as Jensen Huang resigns
CFO Colette Kress takes over as interim CEO after Huang steps down immediately as president, chief executive and board member, sending shares down 10% to $156.