Crypto selloff deepens as $BTC drops below $67K and $330M in positions get liquidated

The cryptocurrency market extended its selloff on November 14, with Bitcoin $BTC falling below $67,000 as another wave of forced liquidations hit leveraged traders.
Ethereum $ETH dropped under $1,900, XRP $XRP slipped below $1.00 and Solana $SOL fell below $75, marking another sharp decline across major digital assets.
More than $330 million in leveraged positions were reportedly liquidated within two hours as falling prices triggered forced closures across crypto derivatives markets.
The latest decline follows a difficult week for Bitcoin, which has struggled to stabilize amid a stronger US dollar, rising Treasury yields and growing concerns over Federal Reserve policy.
Selling pressure has also been amplified by weakening institutional demand and outflows from spot Bitcoin ETFs, while volatility in US technology stocks continues to weigh on broader risk appetite.
With several major cryptocurrencies breaking below closely watched price levels, traders are increasingly focused on whether the market can absorb further selling without another round of leveraged liquidations.