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Bitcoin drops below $63K amid $2B crypto sell-off and mass liquidations

Market News
15 Nov 2026, 03:22 WIB
Tokenpost
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Bearish
Bitcoin drops below $63K amid $2B crypto sell-off and mass liquidations

Bitcoin fell to around $62,900, its lowest in three months, after a broad weekend sell-off forced traders to liquidate nearly $2 billion in crypto positions within 24 hours. Ether and Solana also saw significant declines, with Ether down about 10% and Solana about 11%. The sell-off mainly affected short-term Bitcoin holders who bought above $80,000, marking Bitcoin's fourth capitulation-style drop since its all-time high. This downturn followed a previous drop below $69,000 and was accompanied by $1.46 billion in net outflows from Bitcoin and Ether ETFs during the week, signaling weakening investor confidence.

Bitcoin's recent drop is the subject, with Pluang market data providing context. Of 50 major cryptocurrencies priced on Pluang, 45 fell and 4 rose today. Notable movers include AAVE down 11.99% with a Pluang order activity split of 49% Sell / 51% Buy, NEO down 11.96% with 93% Sell / 7% Buy, and LTC down 11.94% with 70% Sell / 30% Buy. This snapshot is as of Nov 15, 2026 08:31 WIB.

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