Finance1 min read

Crypto news: Bitcoin price falls to $64,962, lowest since July as investors favour AI stocks, factor likely Fed hike

By · Published by Everything Blog

In short

Digital assets faced severe selling pressure as liquidations across leveraged positions compounded macroeconomic headwinds, including expected Federal Reserve rate hikes and a major exchange security breach. The broader cryptocurrency market capitalization contracted significantly alongside persistent net outflows from crypto exchange-traded funds. Market participants are increasingly reallocating capital into artificial intelligence opportunities, notably treating crypto holdings as a liquidity source ahead of Anthropic's planned initial public offering.

Key points

  • Breaching the critical 200-day moving average of $73,000 accelerated a wave of leveraged…: Breaching the critical 200-day moving average of $73,000 accelerated a wave of leveraged long liquidations across digital asset exchanges.
  • Heavy macro headwinds including anticipated Federal Reserve interest rate hikes and a $6…: Heavy macro headwinds including anticipated Federal Reserve interest rate hikes and a $6 billion Binance hack continue to suppress crypto valuations.
  • Retail and risk investors are actively shifting liquidity out of cryptocurrency to fund e…: Retail and risk investors are actively shifting liquidity out of cryptocurrency to fund entries into artificial intelligence opportunities like the Anthropic public offering.

Sources checked by our analysis pipeline: 1

Bitcoin price today, 15 November 2026: The world's largest cryptocurrency slipped below the $65,000 level on Sunday, at its lowest since July, when Bitcoin slipped to $62,000 levels, according to data on CoinMarketCap.

A number of factors, including concerns of AI attracting risk investors, fallout from the $6 billion Binance hack and expectations of the United States Federal Reserve hiking interest rates have impacted crypto and Binance prices.

At time of writing, Bitcoin was trading at $64,962.10, down 3.13% over the past 24 hours, with trading volume up a massive 30.73% to $50.58 billion and its market capitalisation slumped 3.16% to $1.3 trillion, it added.

The token's dominance in the overall crypto space, slipped marginally by 0.42% to comprise 59.4% of the market, followed by Ethereum, which was down 0.7% to hold 10.1% of the pie, and other token making up 30.5% of the total crypto market, up 1.13% at time of writing, data showed.

The cryptocurrency market cap has fallen to its lowest since January 2026, when it tanked to $2.04 trillion, standing now at $2.19 trillion, down 2.91%…

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