Bitcoin Price Crashes to $62,000: Will the $60,000 Level Hold?

The bitcoin price fell to around $62,000 overnight into Sunday. At 01:44 UTC on November 15, 2026, bitcoin traded at $62,199 according to CoinGecko, down 8.9% in 24 hours and 16.3% over the week. Based on CoinGecko's daily closes, bitcoin has not been this low since early July 2026. Whether $60,000 holds now depends on three things: rate expectations for the Federal Reserve, outflows from the spot bitcoin ETFs, and how much leveraged long exposure is still left in the market. The sell-off is market-wide. Ether lost 10.9% to $1,718, Solana 12.4% to $67.79 and XRP 10.5% to $0.90.