#BitcoinActiveSupplyInProfitDropsBelow45% #btc #eth #xrp #sol WHAT IS HAPPENING WITH BITCOIN??? Bitcoin (BTC) has faced intense selling pressure, falling below the critical psychological threshold of $70,000. As of November 14, 2026, its daily loss has exceeded 4.5%.
The primary developments triggering this rapid market pullback are as follows:
Macroeconomic and Market Pressures
Fed Interest Rate Expectations. Following inflation data from the U.S., the probability of a 25-basis-point interest rate hike by the Federal Reserve at its December meeting has risen to 93.5% in the futures markets. This heightened expectation for higher rates has accelerated the exit from risk assets.
Spot ETF Outflows. Amid a decline in institutional investor appetite, Spot Bitcoin ETFs have seen a total outflow of $2.35 billion over the past two weeks.
Tech Sector and Geopolitical Tensions. Uncertainties surrounding the artificial intelligence and technology sectors, combined with escalating tensions in the Middle East, have triggered a wave of selling across global markets.
Dynamics Within the Crypto Market
Liquidations of Leveraged Positions. As the price broke through the $70,000 support level, over $1.4 billion worth of long positions were liquidated within the last 24 hours. This has further deepened the decline.
Concerns Regarding Exchange Security. The lingering effects of a major cyberattack on the Binance exchange at the end of October have shaken market confidence, prompting investors to exercise caution.
Technical Levels. Analysts state that with the loss of the $70,000 level—which previously served as strong support—the $58,000 range is now on the table as a potential risk zone in downside scenarios.
The primary developments triggering this rapid market pullback are as follows:
Macroeconomic and Market Pressures
Fed Interest Rate Expectations. Following inflation data from the U.S., the probability of a 25-basis-point interest rate hike by the Federal Reserve at its December meeting has risen to 93.5% in the futures markets. This heightened expectation for higher rates has accelerated the exit from risk assets.
Spot ETF Outflows. Amid a decline in institutional investor appetite, Spot Bitcoin ETFs have seen a total outflow of $2.35 billion over the past two weeks.
Tech Sector and Geopolitical Tensions. Uncertainties surrounding the artificial intelligence and technology sectors, combined with escalating tensions in the Middle East, have triggered a wave of selling across global markets.
Dynamics Within the Crypto Market
Liquidations of Leveraged Positions. As the price broke through the $70,000 support level, over $1.4 billion worth of long positions were liquidated within the last 24 hours. This has further deepened the decline.
Concerns Regarding Exchange Security. The lingering effects of a major cyberattack on the Binance exchange at the end of October have shaken market confidence, prompting investors to exercise caution.
Technical Levels. Analysts state that with the loss of the $70,000 level—which previously served as strong support—the $58,000 range is now on the table as a potential risk zone in downside scenarios.
