Bitcoin Price Breaks Below $72K as $656M Liquidation Bloodbath Hits Crypto
By Jamie Redman
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.…
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