The price of Bitcoin (BTC) fell below the psychological threshold of $66,000 on Saturday, 14 November 2026. On the chart provided, the price of the largest cryptocurrency stands at $65,879.51, representing a 4.38 per cent fall over the past 24 hours. Cryptocurrency news platforms, notably Tokenpost, have also confirmed that this level has been breached. The current decline is a continuation of the sell-off, which intensified towards the end of the week due to investor concerns over US monetary policy, capital outflows from exchange-traded funds and a wave of liquidations in the crypto derivatives market.
Key points at a glance:
- On 14 November, Bitcoin fell below $66,000 to $65,879.51, as shown in the chart below.
- Over the past 24 hours, the cryptocurrency has lost 4.38 per cent of its value.
- The fall has been accompanied by capital outflows from US spot Bitcoin ETFs.
- Over the course of seven trading sessions, investors withdrew around $1.91 billion from these funds.
Why is Bitcoin losing value so sharply?
The fall of Bitcoin The decline intensified on 13 November, when the cryptocurrency fell below $70,000 for the first time in several months. The very next day, the price broke through the $68,000 and $67,000 marks, and subsequently fell below $66,000.
One of the reasons for the sell-off was concern over the future policy of the US Federal Reserve. Following the release of inflation figures that were higher than expected, investors began to factor in the possibility of an interest rate rise in December more seriously.
Against this backdrop, the US dollar has strengthened, whilst US government bonds have become more attractive to some investors. Such developments typically increase the pressure on risky assets, particularly cryptocurrencies.
According to CoinDesk, on 13 November the US Dollar Index rose above 103 points, reaching its highest level since April 2025.
Investors are withdrawing billions of dollars from Bitcoin ETFs
A further factor contributing to the fall was a large-scale outflow of funds from US spot exchange-traded funds linked to Bitcoin.
According to data from SoSoValue, as reported by Investing.com, net capital outflows from these funds totalled $185.45 million on 13 November. This marked the seventh consecutive trading day on which investors withdrew more funds than they invested.
| Indicator. | Amount |
|---|---|
| Outflow of funds from the Bitcoin ETF
Over 7 trading sessions |
$1.91 billion |
| Liquidations in the crypto market
In 24 hours |
$1.47 billion |
Sources: SoSoValue, CoinGlass. Data as at 14 November 2026. The figures cover different periods.
Such liquidations exacerbate the sell-off, as exchanges automatically close out the positions of traders who lack sufficient collateral to maintain their open trades.
What is happening with other cryptocurrencies?
The fall in Bitcoin’s price has been accompanied by a decline in the value of other major digital assets.
According to the cryptocurrency platform Crypto.news, on 14 November, Ethereum was trading at around $1,850, whilst Solana was trading at around $74. The market weakness is not limited to Bitcoin alone, although the rate of decline varies across different cryptocurrencies.
Market participants are also keeping a close eye on US inflation figures, decisions by the Federal Reserve and the subsequent flow of capital into Bitcoin ETFs. These indicators remain among the key factors that analysts are focusing on.
As of 14 November, Bitcoin continues to trade at around $66,000 following a sharp fall. As the cryptocurrency market operates round the clock, the price can fluctuate significantly even within a matter of minutes.