Bitcoin Falls Below $100K Amid Panic Selling and Thin Liquidity
Bitcoin plunged below the $100,000 threshold on Nov. 13, triggering widespread selling across exchanges as stop-losses and leveraged positions were liquidated. Spot volumes surged briefly while order books showed thin bids around key levels, amplifying price moves and dragging many large-cap altcoins lower. Derivatives desks reported heightened liquidation activity, adding pressure to already fragile sentiment.
Market structure data points to continued instability: noticeable liquidity gaps and bearish depth on major order books mean a shallow recovery could be vulnerable to renewed selling. For traders and institutions this raises short-term risk management questions — watch support bands, funding rates and open interest for signs of capitulation or stabilization. The break below $100K is a reminder that even established crypto market thresholds can be breached quickly when liquidity evaporates.