Crypto markets tumbled after Japan’s 10-year government bond yield spiked to its highest level since 2008, prompting about $640 million in liquidations. The move ignited a global risk-off reaction that forced leveraged positions across exchanges to close.
Bitcoin fell roughly 5% to $86,950 on Sunday (Nov. 30), triggering about $539 million in liquidations and closing out its weakest November since 2018.
Nearly $2 billion in crypto positions were liquidated over the last 24 hours as total market capitalization slipped under $3 trillion for the first time in five months, signaling a sharp wave of deleveraging and heightened volatility.
Ethereum reclaimed $3,100 after a brief dip as a decade‑old wallet reactivated and large liquidations — including a reported $4M sell-off by Hayes — shook the market. The move leaves short‑term sentiment positive but cautions remain.
MicroStrategy Executive Chairman Michael Saylor told Grant Cardone that bitcoin has stabilized and the market has likely hit its bottom. He said most forced selling and liquidation pressure has already been cleared from the market.
Ethereum plunged as liquidations topped $1.2B and ETF outflows accelerated; collapsing rate-cut expectations have weakened risk appetite and may leave ETH room to fall further. Technicals show the RSI is not yet oversold, keeping $2,700 in play as a possible next support.
Bitcoin tumbled to $96,000 amid surging ETF outflows, while roughly $1 billion was liquidated across ETH, XRP and Dogecoin. The Crypto Fear and Greed Index slipped to 22, signaling acute market fear.
Bitcoin slipped under the $98,000 support to about $97,014 on Nov. 14 as a wave of sell pressure in thin markets pushed derivative liquidations above $1.1 billion. The move highlights elevated volatility and short-term downside risk for crypto markets.
Bitcoin plunged below $100,000, sliding past $98,000 as a cascade of liquidations wiped out roughly $655 million of bullish positions; the move leaves BTC probing a key $95,000 support level.
Bitcoin slipped under $97,000 for the third time in a month, triggering more than $1.1 billion in long liquidations within 24 hours and renewing downside concerns. Analysts say the $97K zone and a lower support band are now critical for short-term direction.