Bitcoin Drops Below $100K, Triggering $658M in Liquidations

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In accordance with Coinspeaker, Bitcoin fell below $100,000 to $98,377 on Nov. 13, triggering $657.88 million in cryptocurrency liquidations. Long positions accounted for $533.57 million of the forced closures, while shorts represented $124.31 million. The broader market saw similar volatility, with Ethereum at $3,267, Solana at $147.91, and XRP at $2.36.

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