Key Notes
US-based selling pressure through Coinbase accelerated Bitcoin's decline, ending its 189-day streak above $100,000.
Polymarket traders assign 66% probability to BTC reaching $95,000 in November amid continued selling pressure.
The liquidation cascade represents Q4's largest forced closure event with Ethereum, Solana and XRP experiencing similar volatility.
Cryptocurrency markets recorded $657.88 million in liquidations over 24 hours as Bitcoin BTC $98 670 24h volatility: 2.5% Market cap: $1.97 T Vol. 24h: $93.22 B dropped to $98,377 on Nov. 13, according to CoinGlass data.
Long positions accounted for $533.57 million of forced closures, while shorts represented $124.31 million. The liquidation cascade accelerated from $513.15 million at the 12

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