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Morning Edition · Friday, November 13, 2026Published at 12:45 AM EST · New York
Bitcoin Falls Below $70,000 as the Dollar Index Hits a 19-Month High and More Than $1 Billion in Leveraged Positions Are Liquidated
Ether fell below $2,000 and the 10-year Treasury yield held above 5 percent, while the abrupt resignation of Nvidia chief executive Jensen Huang added pressure on AI-linked risk assets.
The crypto sell-off accelerated early on Friday. Bitcoin dropped below $70,000 and ether below $2,000 as the dollar index reached a 19-month high, CoinDesk reported. The fall had started on Thursday. Bitcoin Magazine reported that bitcoin t…
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Dollar Liquidity Sets Crypto's Direction
Bank reserve levels and Treasury cash management increasingly determine crypto price direction more than crypto-native flows, tying digital assets to the same funding cycle as leveraged equities.
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