Key Takeaways
- • Bitcoin fell below $64,000 to a 24-hour low of $63,326 per CoinMarketCap, trading at $64,261 at press time, down 4.95% over the same period.
- • CoinGlass tracked about $597 million in Bitcoin futures liquidations over 24 hours, including roughly $549 million in long positions and $48 million in shorts.
- • U.S. spot Bitcoin ETFs posted $185.4 million in net outflows on Friday, with about $1.91 billion withdrawn over seven straight trading sessions starting Nov. 5.
- • The selloff was driven by a stronger U.S. dollar, broader market weakness, and concerns over further Federal Reserve interest rate hikes, according to the report.
- • Geopolitical headlines involving an alleged Iranian drone plot against U.S. officials emerged during the decline, though the White House had not publicly confirmed the allegation.
Summary
Bitcoin extended its decline on November 14 and 15, 2026, falling below $64,000 to a 24-hour low of $63,326 according to CoinMarketCap. At press time, BTC was trading at $64,261, down 4.95% over the same period. The selloff began on Friday when Bitcoin slipped below $70,000 as the U.S. dollar strengthened. Selling intensified on Saturday, pushing the price toward $65,000 amid broader market weakness and concerns over further Federal Reserve interest rate hikes.
CoinGlass data showed roughly $597 million in Bitcoin futures liquidations over a 24-hour period, with about $549 million coming from long positions and $48 million from shorts. The forced unwinding of leveraged longs amplified the downward move. On the institutional side, U.S. spot Bitcoin ETFs recorded $185.4 million in net outflows on Friday. Investors have withdrawn about $1.91 billion over seven straight trading sessions beginning November 5.
The price action coincided with geopolitical developments. On November 14, Israel Hayom reported a possible Iranian drone plot against President Donald Trump and senior U.S. officials, and according to that report, Mossad briefed the CIA on the suspected plan after U.S. intelligence agencies asked Israel to help assess the threat. The White House had not publicly confirmed the allegation. Treasury Secretary Scott Bessent told CNBC on November 13 that Iranian leaders had threatened his life, and he confirmed moving from his Washington home to a military base on Secret Service advice. Iran has denied plotting attacks against U.S. officials or others on American soil.
Reuters reported Saturday that Trump was weighing whether to resume strikes on Iran, though he might hold off unless Tehran or the Iran-backed Houthis provoke the U.S. again. Saudi and Turkish leaders had urged restraint. The article does not attribute the Bitcoin decline directly to these geopolitical events; the selloff was described as beginning before the drone report surfaced.
CoinGlass data showed roughly $597 million in Bitcoin futures liquidations over a 24-hour period, with about $549 million coming from long positions and $48 million from shorts. The forced unwinding of leveraged longs amplified the downward move. On the institutional side, U.S. spot Bitcoin ETFs recorded $185.4 million in net outflows on Friday. Investors have withdrawn about $1.91 billion over seven straight trading sessions beginning November 5.
The price action coincided with geopolitical developments. On November 14, Israel Hayom reported a possible Iranian drone plot against President Donald Trump and senior U.S. officials, and according to that report, Mossad briefed the CIA on the suspected plan after U.S. intelligence agencies asked Israel to help assess the threat. The White House had not publicly confirmed the allegation. Treasury Secretary Scott Bessent told CNBC on November 13 that Iranian leaders had threatened his life, and he confirmed moving from his Washington home to a military base on Secret Service advice. Iran has denied plotting attacks against U.S. officials or others on American soil.
Reuters reported Saturday that Trump was weighing whether to resume strikes on Iran, though he might hold off unless Tehran or the Iran-backed Houthis provoke the U.S. again. Saudi and Turkish leaders had urged restraint. The article does not attribute the Bitcoin decline directly to these geopolitical events; the selloff was described as beginning before the drone report surfaced.
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