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Why Is Crypto Crashing? $560 Billion Wiped Out as Bitcoin Price Falls Below $72K

Coinpedia·November 12, 2026·1 min read
Why Is Crypto Crashing? $560 Billion Wiped Out as Bitcoin Price Falls Below $72K

The crypto market lost $560 billion since September 22, nearly 20% of its value. Bitcoin fell below $72,000 as liquidations hit $750 million. The sell-off spread from U.S. stocks, with Nvidia shares dropping 8% after Jensen Huang's resignation, triggering broader market panic.

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