Key Takeaways
- • Bitcoin fell below $66,000 on 14 November 2026, trading at $65,879.51 after a 4.38% decline over the prior 24 hours, according to UkrMedia News.
- • US spot Bitcoin ETFs recorded roughly $1.91 billion in net outflows over seven consecutive trading sessions, with $185.45 million withdrawn on 13 November alone per SoSoValue data reported by Investing.com.
- • Crypto derivatives liquidations totalled $1.47 billion over 24 hours per CoinGlass, of which approximately $1.31 billion came from long positions.
- • Concern over a possible US Federal Reserve rate hike in December, following higher-than-expected inflation data, strengthened the US dollar and pressured risk assets.
- • Ethereum traded near $1,850 and Solana near $74 on 14 November, per Crypto.news, indicating broad-based weakness across major digital assets.
Summary
Bitcoin (BTC) fell below the psychological $66,000 threshold on Saturday, 14 November 2026, trading at $65,879.51, according to UkrMedia News. The decline represented a 4.38% fall over the preceding 24 hours and was confirmed by cryptocurrency news platform Tokenpost. The move extended a sell-off that intensified toward the end of the week.
The decline accelerated on 13 November, when Bitcoin dropped below $70,000 for the first time in several months. The following day, the price broke through the $68,000 and $67,000 levels before falling under $66,000. Market commentary attributed the sell-off primarily to concern over the future policy of the US Federal Reserve. Following higher-than-expected inflation data, investors began pricing in the possibility of an interest rate increase in December. According to CoinDesk, the US Dollar Index rose above 103 points on 13 November, its highest level since April 2025, while US government bonds became more attractive to some investors. Such conditions typically increase pressure on risk assets, particularly cryptocurrencies.
Fund flows compounded the pressure. Data from SoSoValue, as reported by Investing.com, showed net outflows from US spot Bitcoin ETFs of $185.45 million on 13 November, marking the seventh consecutive trading day on which redemptions exceeded subscriptions. Across those seven sessions, outflows totalled approximately $1.91 billion.
The price drop also triggered forced liquidations in the futures market. According to CoinGlass, traders had positions worth $1.47 billion liquidated over the past 24 hours, of which around $1.31 billion were bets on rising prices. Forced closures of positions lacking sufficient collateral add further selling pressure to the market. Figures from SoSoValue and CoinGlass cover different time periods and should be read accordingly.
Other major digital assets also declined. According to Crypto.news, Ethereum traded at around $1,850 and Solana at around $74 on 14 November, although the rate of decline varied across tokens. Analysts are monitoring US inflation data, Federal Reserve decisions and subsequent flows into Bitcoin ETFs as key drivers of near-term direction. Because the cryptocurrency market trades continuously, prices can move significantly within minutes.
The decline accelerated on 13 November, when Bitcoin dropped below $70,000 for the first time in several months. The following day, the price broke through the $68,000 and $67,000 levels before falling under $66,000. Market commentary attributed the sell-off primarily to concern over the future policy of the US Federal Reserve. Following higher-than-expected inflation data, investors began pricing in the possibility of an interest rate increase in December. According to CoinDesk, the US Dollar Index rose above 103 points on 13 November, its highest level since April 2025, while US government bonds became more attractive to some investors. Such conditions typically increase pressure on risk assets, particularly cryptocurrencies.
Fund flows compounded the pressure. Data from SoSoValue, as reported by Investing.com, showed net outflows from US spot Bitcoin ETFs of $185.45 million on 13 November, marking the seventh consecutive trading day on which redemptions exceeded subscriptions. Across those seven sessions, outflows totalled approximately $1.91 billion.
The price drop also triggered forced liquidations in the futures market. According to CoinGlass, traders had positions worth $1.47 billion liquidated over the past 24 hours, of which around $1.31 billion were bets on rising prices. Forced closures of positions lacking sufficient collateral add further selling pressure to the market. Figures from SoSoValue and CoinGlass cover different time periods and should be read accordingly.
Other major digital assets also declined. According to Crypto.news, Ethereum traded at around $1,850 and Solana at around $74 on 14 November, although the rate of decline varied across tokens. Analysts are monitoring US inflation data, Federal Reserve decisions and subsequent flows into Bitcoin ETFs as key drivers of near-term direction. Because the cryptocurrency market trades continuously, prices can move significantly within minutes.
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