Bitcoin Breaks Below $64,000 as the Weekend Sell-Off Deepens

By Kevin · 2026-11-15 · News

Nov. 15 (CandyPulse) — The weekend brought no relief. Bitcoin broke below $64,000 on Saturday, sliding to a three-month low as close to $2 billion of leveraged bets were wiped out across crypto in a day.

Key takeaways

Bitcoin fell below $64,000 over the weekend, with reported lows between about $62,900 and $63,800
About $1.93 billion of crypto positions were liquidated in 24 hours, $1.8 billion of them bets on rising prices
In the hour $64,000 broke, about $691 million was liquidated
It's now roughly $6,000 lower than Thursday, when it first lost $70,000
Analysts are watching $62,000 and $60,000 as the next support levels

The move in numbers

Item	Reading
Level broken	$64,000
Reported lows	About $62,900–$63,800
Liquidations, 24 hours	About $1.93 billion (one report says $2.05 billion)
Of which longs	About $1.8 billion
Liquidations in the hour $64,000 broke	About $691 million
Supports analysts cite	$62,000, then $60,000
12-month low	Near $58,566

Lows and liquidation totals differ by data provider and time window.

Why weekends can be worse

Crypto never closes, but Wall Street does. On Saturdays and Sundays the big U.S. funds that buy and sell through ETFs are away, so there are fewer large buyers to absorb selling. Prices can move further on less volume. That's what happened here: once $64,000 gave way, forced selling of leveraged bets did the rest.

What's behind the slide

No single trigger is confirmed. Reports point to the same pressures that have built all week:

Money leaving funds. Spot Bitcoin ETFs have now seen $1.91 billion withdrawn over seven straight sessions.
Interest rates. Markets expect another Fed hike, and a stronger dollar on Friday added pressure.
Tech weakness. Nvidia has fallen six weeks in a row, and chip stocks sold off again on Friday.
Too much borrowing. Nearly all the liquidations were traders betting on a rise.

How we got here

Date	What happened
Nov. 9	Bitcoin slid below $74,000
Nov. 12–13	Bitcoin broke below $70,000
Nov. 14	Bitcoin broke below $64,000

That's about $10,000 in under a week.

The rest of the market

It was a broad sell-off: ether fell below $1,850 and XRP dropped under $1. Separately, a DeFi exploit at Kava Lend added to the nerves.

What could happen next

Scenarios, not predictions:

If $62,000 holds, the weekend flush may have cleared out the weakest bets, which sometimes marks a short-term floor.
If it fails, $60,000 is the next round number, with the 12-month low near $58,566 below that.
Monday matters. When U.S. markets reopen, ETF flows will show whether large investors are still selling or starting to buy the dip.

A word for holders

A fall this fast is hard to watch. It helps to remember that forced selling ends when the borrowed bets run out, and that panic is a poor adviser. Don't use money you can't afford to lose, and be very careful with leverage. Our crypto glossary explains terms like "liquidation" and "support".

What's next

Watch Monday's ETF flow data, the $62,000 level, and Nvidia's earnings call on Nov. 17, which could set the tone for risk across markets.

More from today:

Track the market on our Bitcoin price today and crypto prices today pages, follow the Crypto News Today desk, and catch up every Sunday with CANDY Weekly.

Disclaimer: This article is for information only and is not financial advice. Market figures move quickly and different data providers can show slightly different numbers. Always do your own research before making any investment decision.