TOKENPOST
1 min read
Add as a preferred source on Google

Bitcoin Falls Below $72,000 as Crypto Liquidations Top $656 Million

Bitcoin was below the threshold at 9:39 a.m. ET (14:39 UTC) Thursday, Nov. 12, as 24-hour crypto liquidations exceeded $656 million.

By Enna Lee
Published
Mentioned assets
A brass token slips beneath a narrow stone ledge / TokenPost.ai
A brass token slips beneath a narrow stone ledge / TokenPost.ai

Bitcoin (BTC) fell below $72,000 on Thursday morning as liquidations across the crypto market topped $656 million over a 24-hour period.

BTC was below the threshold at 9:39 a.m. ET (14:39 UTC) Nov. 12. The liquidation total exceeded $656 million for the 24-hour period included in the same market update.

The figures cover different scopes: the price threshold applies to Bitcoin, while the liquidation amount covers crypto assets overall. The update placed both figures together, with Bitcoin below $72,000 and crypto liquidations above $656 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…