Bitcoin falls below $66,000 as $1.5B liquidated, ETFs see heavy outflows

Bitcoin extended its November retreat, slipping below $66,000 on November 14 as a series of market pressures drove both Bitcoin and Ethereum to new lows for the month. Ethereum also sank below $1,850, continuing its recent decline, while investors responded to tighter U.S. monetary policy signals, institutional selling, and a sharp contraction in stablecoin supply that deepened liquidity concerns. Recent economic data, including higher-than-expected U.S. inflation and employment numbers, have reinforced predictions that the Federal Reserve could continue raising interest rates.