Bitcoin Falls to $62,000 as Crypto Market Cap Drops to $2.26 Trillion

15. Nov 2026 Posted by Laurent C. on News

Bitcoin extended its recent decline on Sunday, briefly falling to its lowest price since July as selling pressure continued across the cryptocurrency market. Although BTC recovered above $65,000, it remained significantly lower over the past week.

Bitcoin (BTC) dropped to $62,080.91 during Sunday's trading session, marking a four-month low, according to CoinGecko data. The leading cryptocurrency later recovered some ground, climbing back above $65,000. However, it was still down nearly 15% over the previous seven days.

Major altcoins recorded even steeper losses. Ethereum (ETH) declined 19.5% over the week, while Solana (SOL) fell 20.7%. The broader downturn also affected the total cryptocurrency market capitalization, which decreased approximately 4% within 24 hours to $2.26 trillion.

Investor confidence continued to weaken as prices moved lower. The Crypto Fear & Greed Index dropped to 10 on Sunday, compared with 13 on Saturday and 20 on Friday. The reading placed market sentiment firmly in the "extreme fear" category, according to Alternative.me.

The latest selloff followed Bitcoin's decline below the $70,000 level on Friday. Concerns about weakening institutional demand, reduced liquidity and continued investment outflows have added to the negative market sentiment.

Bitcoin ETF Outflows Add to Selling Pressure

Spot Bitcoin exchange-traded funds (ETFs) in the United States have recorded substantial withdrawals over the past two weeks, providing another sign of weakening institutional demand.

The funds experienced combined net outflows of $2.35 billion across two consecutive weeks. During the week ending Nov. 13, investors withdrew approximately $1.07 billion, following $1.28 billion in outflows during the previous week.

BlackRock's iShares Bitcoin Trust (IBIT) also continued to face withdrawals, extending its outflow streak to 11 consecutive trading sessions as of Friday.

The combination of falling cryptocurrency prices, persistent ETF outflows and extremely negative investor sentiment has increased pressure on the market. Bitcoin's ability to maintain its recovery above $65,000 could become an important short-term indicator as traders assess whether the latest decline is slowing or further losses are ahead.