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Bitcoin Slides Below $70,000 as Inflation Concerns Hurt Crypto - BLOOMBERG
By Matt Haldane and Suvashree Ghosh
November 13, 2026 | Updated 10:54 AM GMT
Bitcoin fell below $70,000 on Friday for the first time since August, extending a two-day slump to as much as 9% as concerns about inflation and higher interest rates weighed on cryptocurrencies.
The largest digital asset declined by as much as 5.4% to $67,628, its lowest level since August 19, adding to a 3.8% drop on Thursday.
Bitcoin later pared some of its losses to trade at around $69,200 in early morning trading in New York.
