Erigon

News 2026 November 13, 18:01 (6 hours ago )

6h Crypto Recap: Bitcoin, Ethereum, AAVE, Solana, Miners — Heat rises

#Bitcoin traded below $70,000 as a cooler-than-expected US PPI print hit risk markets. Stocks also slipped in the same window.

#Bitcoin saw roughly $455 million in liquidations as the move below $70,000 triggered forced unwinds. The liquidation burst became a focal point for short-term positioning.

#Bitcoin miners were highlighted as a key source of sell-side pressure tied to a broader Wall Street-linked crypto pullback. The narrative centered on miners leading distribution during the dip.

#Bitcoin demand was described as drying up while miners prepared to dump 2,077 BTC. The setup was framed as a near-term supply overhang.