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Bitcoin price drops 13.4% weekly amid $2B liquidations and ETF outflows, Fed rate hike fears persist

Market News
15 Nov 2026, 07:23 WIB
CryptoTicker
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Bearish
Bitcoin price drops 13.4% weekly amid $2B liquidations and ETF outflows, Fed rate hike fears persist

Bitcoin's price fell sharply over the past week, dropping 13.4% and hitting a low of $61,946 before rebounding above $65,000. The sell-off was driven by forced liquidations exceeding $2 billion, mainly from leveraged long positions, and continued outflows from US spot bitcoin ETFs totaling $1.91 billion over seven days. Market sentiment is weak, with the Fear and Greed Index at an extreme low of 10, reflecting widespread caution. Additionally, expectations of a Federal Reserve rate hike in December are pressuring risky assets like bitcoin. The weekly candle closes Monday at 1 a.m. CET, coinciding with the reopening of CME futures, which shows a price gap to fill around $68,200. While the recent rebound reflects a deleveraging phase, sustained recovery is uncertain amid ongoing ETF outflows and macroeconomic headwinds.

Bitcoin price context is provided here for readers. For those following cryptocurrency markets, 45 of 50 major cryptocurrencies on Pluang fell today. Notable movers include EGLD down 7.43% at Rp47.152, SAND down 7.32% at Rp657, and COTI down 7.26% at Rp151. Data is as of Nov 15, 2026 11:41 WIB.

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