Bitcoin breaks below $67,000 for a fresh four-week low as altcoins bleed

The drop landed in the minute beginning at 9:29 p.m. ET on Nov. 13, when Coinbase's one-minute BTC-USD candles touched $66,789. Daily candles covering Oct. 17 through that evening showed no lower trade. By 9:41:55 p.m. ET, CoinGecko had bitcoin quoted at $67,399.

That trough sat 5.4% below the $70,600 Coinbase low The Defiant reported Thursday evening, and it also undercut the $68,222 low flagged in Friday's own report — the move kept extending rather than settling. Over roughly four weeks bitcoin is down 17.3%; over roughly seven days it lost 11.3%.

Ether took the harder hit, down 21.4% across four weeks and 15.3% across seven days. In a refreshed CoinGecko snapshot at 9:42:53 p.m. ET, 42 of 44 non-stablecoin tokens on a curated watchlist were lower over 24 hours — a selection of large cryptocurrencies and DeFi tokens, not a count of the whole market. Solana fell 5.8%, BNB lost 3.5% and XRP declined 2.4%. Celestia posted the biggest loss in the group at 14.1%, while GMX and Pendle were the lone gainers, up about 2% and 1.7%.

Two days before the selloff, Glassnode pointed to thinning fuel. In a Nov. 11 report, the analytics provider said stablecoin supply had contracted by $14.2 billion over 30 days through Nov. 9, leaving “less fuel for a rally.” It also counted $1.6 billion in net outflows from U.S. spot bitcoin ETFs across 20 sessions through that date. Those figures predate Friday evening's slide and don't establish what caused it. Glassnode did spot one pocket of demand: wallets holding 100 to 10,000 BTC were buying, even as other wallet groups kept cutting their positions.