MarketsPublishedNov 15, 2026
Across a 24-hour period, the worldwide cryptocurrency market capitalization dropped 4% down to $2.26 trillion, while both Ether and Solana registered double-digit weekly declines.
Bitcoin touched a four-month low close to $62,000 on Sunday, deepening a broader market correction across major digital assets prior to mounting a partial recovery.
On Sunday, Bitcoin (BTC) hit a daily bottom of $62,080.91, according to CoinGecko, marking its weakest valuation since July. The leading cryptocurrency subsequently climbed back over $65,000, though it still traded nearly 15% lower over the preceding seven days.
The downward pressure affected assets beyond Bitcoin. CoinGecko figures indicated that Ether (ETH) tumbled 19.5% throughout the past week, whereas Solana (SOL) dropped 20.7%. In total, the aggregate valuation of the crypto market decreased by roughly 4% over the course of a day to reach $2.26 trillion, as reported by CoinGecko.
Investor sentiment deteriorated further as well. The Crypto Fear & Greed Index plummeted to 10 on Sunday compared to 13 on Saturday and 20 on Friday, staying firmly within the territory of “extreme fear,” according to Alternative.me.
This movement came directly after Friday’s slide below $70,000, as market watchers highlighted diminishing trader confidence alongside worries regarding institutional capital withdrawals and restricted liquidity.
The latest drop followed a period in which United States spot Bitcoin exchange-traded funds registered $2.35 billion in net withdrawals across two consecutive weeks. These funds shed $1.07 billion during the week ending November 13, following an outflow of $1.28 billion the week prior. Furthermore, BlackRock’s iShares Bitcoin Trust pushed its consecutive outflow streak to 11 trading days on Friday.
Related: Bitcoin returns to 200-week trend line as analyst sees risk of $57.7K next
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Originally published at https://cointelegraph.com/markets/bitcoin-four-month-low-62k-crypto-market-selloff?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound.
