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Bitcoin price drops nearly 9% to $62,199 amid Fed rate hike fears and $1.07B ETF outflows

15 Nov 2026, 04:36 WIB
CryptoTicker
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Bearish
Bitcoin price drops nearly 9% to $62,199 amid Fed rate hike fears and $1.07B ETF outflows

Bitcoin's price fell sharply to around $62,199, down 8.9% in 24 hours and 16.3% over the week, marking its lowest level since early July 2026. The decline is driven by expectations of a Federal Reserve rate hike, significant outflows totaling $1.07 billion from US spot bitcoin ETFs, and large liquidations of leveraged long positions. This sell-off has affected the entire crypto market, with Ether, Solana, and XRP also dropping significantly. Traders are closely watching key price levels at $62,000, $60,000, and the yearly low of $58,566 to gauge whether bitcoin will stabilize or fall further ahead of the Fed's December meeting.

Bitcoin's market cap on Pluang stands at Rp22.873,45 trillion as of Nov 15, 2026 09:51 WIB, with a 1-day price drop of 3.26% to Rp1.187.443.318. Solana and Ripple also show declines, with Solana down 5.60% at Rp1.304.283 and Ripple down 4.69% at Rp17.352. Trading activity on Pluang favors buying, with 70% buy orders for Bitcoin and Solana, and 64% for Ripple, reflecting ongoing investor interest despite recent price falls.

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