According to The Crypto Basic, the crypto market experienced pronounced volatility as Bitcoin dropped to $96,910 on November 14, marking its third dip under $100,000 this month. CoinGlass data shows $1.10 billion in forced liquidations in the last 24 hours, with long positions accounting for $969.01 million. Ethereum, Solana, and XRP also saw significant declines. Analysts noted increased selling pressure from US traders and a growing divergence between Bitcoin and gold.
Over $1B Liquidated as Bitcoin Dips Below $100K
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