Bitcoin fell to $61,946 overnight on Coinbase, its lowest price since July 13. At the time of writing, 9:25pm ET Saturday, November 14, it's back around $64,200, down about 5% in 24 hours. A week ago it was at $74,750. That's a drop of more than $10,000 in seven days.
Price at time of writing: November 14, 2026, 9:25pm ET (Coinbase and CoinGecko). Live prices: our crypto page.
The numbers
| Bitcoin now | About $64,200 (Coinbase $64,179, CoinGecko $64,348) |
| Overnight low | $61,946 on Coinbase, lowest since July 13 |
| 24 hours | About -5% |
| 1 week | About -14% (from $74,754 on Nov 8) |
| 1 month | About -22% (from $82,131 on Oct 15) |
| Ether | About $1,795, down about 5.8% in 24 hours |
How we got here
On Monday I wrote that Bitcoin had hit a two-month low around $73,700 after five red weeks. Felt like a big deal at the time. Then it kept going. Under $72,000 on Thursday. Under $70,000 on Friday morning. Under $64,000 Friday night. And a quick dip to $61,946 a few hours later before it bounced a bit.
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If you're new here and wondering why anyone holds this thing through weeks like this, The Little Bitcoin Book is a short, plain read on what Bitcoin is supposed to be for. It won't make a red week feel better, but it explains the long-term idea.
Here's how the daily closes went on Coinbase:
- Sun Nov 8: $74,754
- Tue Nov 10: $73,698
- Thu Nov 12: $71,370
- Fri Nov 13: $68,237
- Sat Nov 14: $64,119
What's driving it
Only what's actually reported, no guessing:
- ETF money keeps leaving. US spot Bitcoin ETFs had net outflows for seven trading days in a row through Friday, about $1.91 billion since November 5, according to SoSoValue via Investing.com. Friday alone was about $185 million. Farside data shows about $908 million of the November 9 to 13 outflows came from BlackRock's IBIT.
- Rate hike bets. October's CPI came in at 0.4% for the month versus 0.3% expected, and payrolls were much stronger than expected. CME FedWatch on Saturday showed traders pricing a quarter-point hike in December at 88.5%, per bitcoin.com via Cryptoticker. Higher rates usually pull money out of risky stuff like crypto.
- Forced selling. About $1.47 billion in crypto positions were liquidated in 24 hours, $1.31 billion of them bets on prices going up (CoinGlass). In the single hour Bitcoin broke $64,000, about $691 million got wiped out, TokenPost reported.
- Less cash on the sidelines. Coinbase Institutional says the combined supply of the big stablecoins (USDT, USDC, DAI) fell by a record $11.5 billion over 30 days. That's less money parked in crypto, ready to buy.
- Tech nerves. Crypto has been trading with tech stocks, and tech had a rough week, with Nvidia's CEO resigning on Thursday. Strategy also gets dropped from MSCI's indexes on November 30, which has people watching for fund selling.
The rate stuff is the part most people skip, but it matters a lot for where money flows. Broken Money by Lyn Alden explains how interest rates, dollars and Bitcoin all fit together, in plain words.
How bad is it?
Bitcoin's all-time high was about $126,300 in October 2025. At $64,200 it's roughly 49% below that. So about half off the top. The Fear & Greed Index hit 13 on Friday, "Extreme Fear", down from 20 the day before. That's as scared as the market gets on that scale.
For context, Bitcoin was lower than this in early July. Coinbase had a low of about $57,718 on July 1. So it's not a new low for the year. It's back to summer prices.
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What to watch
- Whether the $62,000 area holds. Coinbase Institutional has pointed to it as a key level, with $60,000 as the next round number below.
- Monday's ETF numbers, and whether the outflow streak finally ends.
- Nvidia earnings on Tuesday, November 17, after the close. Crypto has been moving with tech.
We don't do predictions. If weeks like this get to you, The Psychology of Money by Morgan Housel is a calm read about why big swings mess with people's heads.
FAQ
How low did Bitcoin go?
About $61,946 on Coinbase overnight into November 15 (UTC), the lowest since July 13. At the time of writing it's around $64,200.
Why is Bitcoin falling?
Seven straight days of ETF outflows, rising bets on a December rate hike after hot inflation and jobs data, more than $1.4 billion in liquidations, and shrinking stablecoin supply.
How far is Bitcoin from its all-time high?
About 49% below the roughly $126,300 peak from October 2025.
This is news, not financial advice.
Sources
- Investing.com via Yahoo Finance: Bitcoin falls as ETF outflows extend to seventh straight day finance.yahoo.com
- Cryptoticker: Crypto news, bitcoin falls to $63,500, ether down 9% cryptoticker.io
- Coin-Turk: Bitcoin falls below $66,000 as $1.5B liquidated en.coin-turk.com
- Coinbase and CoinGecko: BTC and ETH prices and daily data coinbase.com
Written by the WIZY creator
A lifelong gamer and Warhammer painter, and the maker of the WIZY RPG game. I write about games, hardware, Warhammer and crypto in plain English, and I check every fact against its source.
