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Sunday 15 November

Crypto15 Nov, 10:40 UTCGlobal

Bitcoin slides to four-month low below $62,000

Bitcoin fell to a four-month low below $62,000 while outflows from exchange-traded funds persisted. Tom Lee, chairman of BitMine, has put forward three possible triggers for the crash.

Illustration

The fall has pushed Bitcoin toward $60,000. Nearly $2 billion of leveraged positions, which are bets made with borrowed money, were wiped out within 24 hours. Some commentators have also projected further downside for the coin before the end of 2026.

Bitcoin$65,430down −20.35%over 1 month

Prices by CoinGecko. Past moves say nothing about future ones.

$1,000 in Bitcoin

Had you put Amount in dollars$ into Bitcoin a month ago, it would be worth – now.

From the prices in the chart, before any fees or taxes. Not a suggestion to buy or sell.

GuideCrypto Fear and Greed Index today: how fearful or greedy the crypto market is

Where: Global
Published: 15 Nov, 10:40 UTC
Section: Crypto
Markets: Bitcoin

This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake

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