Bitcoin jumped above $70,000 after an about 11% intraday gain, while Ether climbed past $2,000, snapping a six-month losing streak. The rally follows an earlier test of support near $60,000 and higher trading volumes across major exchanges.
Bitcoin fell under $100,000 on Thursday, November 13, hitting its lowest level since May as traders responded to renewed risk-off sentiment. The move highlights renewed volatility around a key psychological threshold for the market.
Bitcoin fell 3% to $98,550.33, dipping below $100,000 for the third time this month as a breakdown around $98k triggered leveraged liquidations amid ongoing ETF outflows and a broader risk-off mood.