Bitcoin fell to $62,000 over the weekend before rebounding about $3,000 to $65,360, capping a 16% three-day decline and a near 30% drop from its recent high near $87,000. Thin weekend liquidity and margin calls tied to falling AI stocks pushed price through the $66,000 to $67,000 support zone. Traders now watch $66,000 to $67,000 as first resistance, with $62,000 the floor.

US demand for bitcoin has gone quiet. Glassnode says the Coinbase spot premium has held below zero throughout the slide from the September high, and its 30-day average is the most negative since February. The 2024 and 2025 rallies all ran with a premium; several started from discounts.

Strive CEO Matt Cole says bitcoin is cheap and the company intends to keep stacking. Strive already holds 43,153 BTC, worth roughly $2.84 billion.

Bitcoin fell toward $63,000 on Saturday, extending a difficult week for digital assets and testing buyer conviction as liquidity thinned over the weekend. The move left traders debating whether it marked a final flush or another stage of a broader retreat. The distinction matters: a sharp fall can create attractive entry points, but it can also show how quickly leveraged positions and thin order books amplify one another. The figures are a snapshot of trading on Nov. 14, not a live quote or a forecast for the week ahead. The weekend decline followed an already weak week. CoinDesk reported that Bitcoin traded down to roughly $63,400 on Saturday, with its weekly loss exceeding 15% at that point. Ether and several major altcoins had posted even larger weekly percentage declines. That broader weakness suggests the pressure was not confined to a single Bitcoin-specific headline or one isolated exchange. Weekend trading can be especially unforgiving. Liquidity providers may quote less aggressively, while automated liquidation systems keep running. A modest amount of spot selling can travel further through the order book than it would during busier weekday sessions. That is a possible amplifier, though it is not proof that liquidations caused the entire move. The decline also comes against a more cautious institutional backdrop. US spot Bitcoin funds have recorded a prolonged run of net withdrawals, extending the selling covered in an earlier NewsBTC report on Bitcoin ETF outflows. These products do not set the Bitcoin price, but their flows offer one measurable signal of whether an important group of investors is adding exposure or reducing it. A fund net outflow is not necessarily a direct measure of total Bitcoin sold in the wider market, and changes in assets under management also reflect price movements. Still, a sustained lack of fresh fund demand can leave the spot market with less of a cushion when other holders decide to sell. Onchain analyst James Check has described the environment as capitulation, according to CoinDesk. That captures the emotional side of the market: investors who tolerated earlier drawdowns finally decide they would rather hold cash than wait for a rebound. A capitulation narrative is not a timestamped bottom signal. Markets can go through several waves of forced or reluctant selling before stabilizing. A more useful test is what happens after the first bounce. Does Bitcoin hold its recovery on increasing spot participation, or does the rebound fade as soon as volatility eases? Are funding rates, exchange balances and ETF flows telling a consistent story, or are they pulling in different directions? Those answers carry more weight than a declaration that the market looks cheap. Traders are also weighing a changing interest-rate outlook and the implications of recent US inflation data. A NewsBTC analysis of October CPI and the rate backdrop offers useful context: Bitcoin can behave like a high-beta risk asset when expectations for borrowing costs change abruptly, even when the longer-term investment thesis is framed around monetary independence. In the coming week, watch whether trading volumes improve as US markets reopen and whether Bitcoin can defend its weekend range without relying on a short-lived derivatives squeeze. The latest slide deserves attention, but on its own it does not settle where the cycle goes next. Written by the News Desk and edited by Samuel Rae.

Bitcoin has lost more than $10,000 in a week, with $BTC sliding to a four-month low of $62,112 as leveraged longs were wiped out over the weekend. The token is still attempting to reclaim and break above $65,000.

Crypto markets shed $130 billion in value as bitcoin dropped to $61,947, XRP slipped below $1, and $1.71 billion in leveraged positions were liquidated. Altcoins booked double digit weekly losses while sentiment gauges showed extreme fear gripping traders across the market.

CryptoQuant warns that combined spot and perpetual contract demand shows a net negative of over 360,000 BTC. With no new buyers stepping in, the rebound is unlikely to last.

Whale Alert reported that 850 BTC worth about $54.73 million moved from an unknown wallet to Binance. The public blockchain transfer marks a large exchange inflow, based on the tracker data.

More than 227,000 BTC acquired before 2019 moved in 2026, worth about $183 billion, per Checkonchain data. About 81.9% came from 2015 to 2018 holdings, and 2010 Satoshi era wallets also moved in coordinated transfers.