Bitcoin traded at 68,529.96 dollars as of 2:30 p.m. on Friday in Seoul, down 6.82 percent from the previous day according to CoinMarketCap figures reported by Yonhap, while on the domestic Upbit exchange it changed hands at 93 million won, down 3.72 percent, at a Korea premium of 1.80 percent, and ether, BNB, XRP and other major tokens also fell. CoinGlass data cited in the report put liquidations in the previous 24 hours at about 1.47 billion dollars, of which 1.31 billion dollars was in long positions, with about 175,000 traders liquidated and the largest single order, on Hyperliquid, worth 31.09 million dollars. Yonhap attributed the fall to dried up new money and the interest rate burden, quoting Tiger Research’s Yoon Seung-sik that with the United States 10 year yield above 5 percent bitcoin is struggling to hold up, and that forced liquidations of repeated long bets are widening the decline.
Bitcoin falls below 69,000 dollars as liquidations top 1.4 billion
Bitcoin fell 6.82 percent to 68,529.96 dollars on Friday afternoon in Seoul, with about 1.47 billion dollars of leveraged positions liquidated in the previous 24 hours, 1.31 billion of it in long positions.
Why it matters: The liquidation led slide, which Yonhap linked to a United States 10 year Treasury yield above 5 percent and dried up new inflows, shows crypto again trading as the high beta end of the same rates move that is pressuring gold and equities.
Data as of Yonhap report of November 13, 2026 (in Korean), read in full via the estate browser route, citing CoinMarketCap prices as of 2:30 p.m. Korea time and CoinGlass liquidation data; single source, carried at grade C. Developing item.
Sources
- Bitcoin plunges to the 68,000 dollar range amid combined adverse factors, 2 trillion won liquidated - Yonhap News Agency - 2026-11-13