Key takeaways
- Bitcoin’s selloff intensifies as Ethereum approaches $1,800
- Crypto ETFs lose approximately $1.46 billion in one week
- Coinbase identifies an $11.5 billion stablecoin liquidity contraction
Bitcoin’s November selloff has deepened toward the $64,000 region, while Ethereum has fallen toward $1,800 as institutional withdrawals, shrinking liquidity and renewed fears of Federal Reserve interest-rate hikes pressure cryptocurrency markets.
BTC fell below $66,000 on November 14, extending its decline after losing the psychologically important $70,000 threshold a day earlier. Ethereum simultaneously slipped below $1,850, reinforcing weakness across the two largest cryptocurrencies.
According to Coinbase Institutional’s latest market report,…
