Despite steps toward ending the U.S. government shutdown, crypto markets declined, with heavy long liquidations intensifying short-term downside pressure.
On November 13, Bitcoin fell to $100,800 before recovering slightly to $101,510, down 0.65% in 24 hours, while Ethereum traded at $3,407, down 0.59%. The drop came despite progress toward ending the U.S. government shutdown. Crypto market data shows $445 million in liquidations over the past 12 hours, with $405 million from longs, reflecting volatility and leveraged positioning unwinding.