---
title: "Bitcoin hits 12-week low as dollar rallies on interest-rate outlook, liquidations top $1.6 billion"
url: https://thecoingazette.com/bitcoin-hits-12-week-low-as-dollar-rallies-on-interest-rate-outlook-liquidations-top-1-6-billion/
date: 2026-11-13
modified: 2026-11-13
lang: en
author: "Coin Gazette Editorial"
description: "Bitcoin (BTC) fell below $70,000 for the first time since August and is down 3.5% since midnight UTC, as the dollar climbs and liquidations top $1.6 billion."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 27
---

# Bitcoin hits 12-week low as dollar rallies on interest-rate outlook, liquidations top $1.6 billion

Bitcoin (BTC) fell below $70,000 for the first time since August and is down 3.5% since midnight UTC, as the dollar climbs and liquidations top $1.6 billion.