Bitcoin slides toward $68,000 as market sentiment plunges into extreme fear
Bitcoin retreated toward $68,000 on November 13, 2026, putting the cryptocurrency on track for a sixth consecutive weekly loss as market sentiment reached a four-month low.
Bitcoin dropped back toward $68,000 on November 13, 2026, revisiting its 200-week moving average and briefly dipping below $68,000 during the session. As the price fell, the Crypto Fear & Greed Index dropped to 20, entering "Extreme Fear" territory at its lowest level in four months, while roughly $1.45 billion in long positions were liquidated across the market.[1][2][6][7][10][11]
The retreat left Bitcoin heading toward its sixth consecutive weekly loss, matching its joint-worst streak of the year and bringing its year-to-date decline to 21%. Market watchers cited multiple headwinds, including capital rotating toward Anthropic's anticipated initial public offering, leadership upheaval at Nvidia, and rising expectations of Federal Reserve interest rate hikes. Analysts reported that the downturn stemmed from capital entering the Anthropic IPO and broader risk-off sentiment rather than any direct impact from Nvidia.[3][8][9]
The weakness extended across digital assets, with ether sliding 3.5% over 24 hours to trade at $1,945, according to Decrypt. Looking at technical levels, 21Shares senior crypto research strategist Matt Mena noted that breaking below $69,000 could leave $65,000 vulnerable to another test, while a recovery would require reclaiming $70,000 and then $74,000. In contrast, Strive CEO Matt Cole described the 200-week moving average near $68,000 as a historic buying opportunity.[4][5][6]
Key facts
- The Crypto Fear & Greed Index fell to 20 on November 13, 2026, marking a four-month low in "Extreme Fear" territory.
- Bitcoin dropped near and briefly below $68,000, tagging its 200-week moving average.
- Approximately $1.45 billion in long positions were liquidated during the market sell-off.
- Bitcoin is on pace for its sixth consecutive weekly loss, down 21% year-to-date in 2026.
- Analysts attributed the slide to capital rotating into Anthropic's expected IPO and broader risk-off moves, alongside rising Fed rate hike expectations.
- Ether dropped 3.5% over 24 hours to $1,945 amid the broader market pullback.
- 21Shares strategist Matt Mena stated that a break below $69,000 could expose $65,000, while a sustained recovery requires reclaiming $70,000 and $74,000.
Sources · 9 sources
- CO
Cointelegraph@CointelegraphPost on X ·
🚨 NOW: The Crypto Fear & Greed Index falls to 20, deep in “Extreme Fear” and at its lowest level in four months, as BTC dropped below $68K. https://t.co/JwblE9xmBM
Open source - BC
Bitcoin.com News@BitcoinNewsPost on X ·
JUST IN: 🔻 #Bitcoin drops back to $68,000 https://t.co/X72bT9B6Gg
Open source - TM
That Martini Guy ₿@MartiniGuyYTPost on X ·
Bitcoin is now experiencing its joint-worst run this year The six red weekly candles in a row match the sell-off at the start of the year Bitcoin hasn't recorded over six red consecutive red weeks since 2022, when it witnessed nine in a row https://t.co/yiuFyfk0zE
Open source - DE
Decrypt@DecryptMediaPost on X ·
bitcoin:native Slips Below $69,000 and ethereum:native Falls Under $2,000 in a Broad Crypto Pullback. Bitcoin traded at $68,791, down 3.7% in 24 hours with a range of $67,922 to $71,487, while ether sat at $1,945, down 3.5%. https://t.co/0vE1EkY1OF
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Bitcoin is trading down at around $68,500. 21Shares senior crypto research strategist Matt Mena said a break below $69,000 could leave $65,000 vulnerable to another test, while a sustained recovery would require $BTC to reclaim $70,000 and then $74,000. Mena said a recovery toward $87,000 and eventually above $90,000 remains possible, noting that bitcoin has historically averaged returns of more than 61% in the fourth quarter.
Open source - CN
crypto.news@cryptodotnewsPost on X ·
JUST IN: Bitcoin has revisited its 200-week moving average near $68K Strive CEO Matt Cole calls the level a historic buying opportunity for BTC. https://t.co/CixFXX3ceW
Open source - CG
Crypto GEMs 📈🚀@cryptogems555Post on X ·
Fear & greed just hit 20! $BTC is ~$69.3K and still fighting to reclaim its 2021 high. $1.45B in longs got wiped out today! Lowest fear reading in 4 months. Buying here or waiting for lower? 👇 https://t.co/6ulVY8fFbx
Open source - CO
CoindeskArticle ·
Bitcoin heads for sixth weekly loss as Anthropic’s blockbuster IPO looms Bitcoin is down 21% this year as investors weigh Anthropic’s anticipated listing, Nvidia’s leadership upheaval and rising Fed rate hike expectations.
Open source - CO
CoindeskArticle ·
Bitcoin plunges to $68,000 as Anthropic IPO frenzy adds to market jitters Analysts see no direct link between Nvidia and bitcoin's decline, pointing instead to investor capital headed into Anthropic as well as a broader risk-off move.
Open source - DE
Decrypt@DecryptMediaPost on X ·
Did Bitcoin just hit the level @Tyler_Did_It called yesterday? He says it tagged the 200-week average near $68,000, and that he closed a short at $69,500 a little early. https://t.co/mlK0Zi4Xiz
Open source - CR
Crypto Rover@cryptoroverPost on X ·
BREAKING: Bitcoin hits EXTREME FEAR! 🤯 https://t.co/c11S3pY74J
Open source