The crypto market is seeing one of its biggest pullbacks in weeks as
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Bitcoin
5.17%
Bitcoin
BTC
Price
$97,072.71
5.17% /24h
Volume in 24 hours
$91.01 billion
Price 7d
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fell below $98,000 on November 14, briefly touching $97,100 while posting a 3% daily decline. Over $1.10 billion in liquidations hit the market in the last 24 hours, with long positions taking a heavy hit of $969.37 million. As volatility accelerates, traders are reevaluating their positions and looking for stability, or even the best new crypto to buy, while the market as a whole tries to understand what triggered today’s sudden downturn.
Much of the pressure comes from changing macroeconomic expectations. Markets quickly downgraded hopes for a Federal Reserve rate cut in December, weakening appetite for risky assets across the board.
Bitcoin spot ETFs have seen over $1.3 billion in outflows since October, and on-chain data shows that long-term BTC holders unloaded 815,000 BTC in just 30 days. Global uncertainty adds weight: new weak data from China, lingering tariff concerns, and declining institutional flows have combined to create a perfect storm for crypto.
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Bitcoin’s break below the key support level of $98,000, previously defended in June, turned the sentiment bearish. The Fear & Greed Index at 21 reflects the market’s shift toward high fear, and analysts warn that a failure to hold the $97,000 level could open the door to a deeper decline toward $92,000 to $91,000, or even a liquidity sweep into the $90,500 area.
My $BTC the $98.2K goal was exceeded, here’s what I think comes next.
$92,000.
Are you ready? pic.twitter.com/wjoGuwPzG5
– Rouz (@RuzTV) November 14, 2025
However, not all analysts are pessimistic. Many consider this correction to be typical mid-cycle behavior. Historically, Bitcoin corrections average around 22%, which closely matches current market conditions. Some traders view the decline as a potential accumulation opportunity, noting that the $98,000 region previously served as a demand zone.
At the same time, reports of continued buying by some central banks, such as the Czech Republic, indicate that long-term institutional confidence is far from broken.
With total trading volume reaching $102 billion, the next step is likely to be volatile. Whether Bitcoin consolidates above $97,000 or extends the downward correction, traders are watching signals closely and assessing whether this pullback could highlight the best new crypto to buy during the current market reset.
Crypto Update: BTC Falls to $96K, ETH Retests Support at $3.2K
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In yesterday’s crypto update, the market was consolidating, waiting for a catalyst to drive a change in price action. Today the catalyst has manifested itself, and not for the better. .cwp-coin-chart path svg { strokewidth: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path: nth-of-type (2) { trait: #008868 !important; } .cwp-coin-widget-container .cwp-coin-trend.positive { color: #008868 !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px solid #008868; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px solid #008868 !important; } .cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend { background-color: transparent !important; } .cwp-coin-widget-container .cwp-graph-container.negative svg path: nth-of-type (2) { trait: #A90C0C !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative { border: 1px solid #A90C0C; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.negative { color: #A90C0C !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-trend.negative::before { border-top: 4px solid #A90C0C !important; }
Bitcoin
5.17%
Bitcoin
BTC
Price
$97,072.71
5.17% /24h
Volume in 24 hours
$91.01 billion
7d price
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broke the $100,000 support level and slipped to $96,550, from where it rebounded slightly and is now trading at
.
Over the past 24 hours, BTC price action has fallen by more than 1.5%, with trading volume increasing by 54% to $104.72 billion, suggesting a real battle between the bulls and bears for control of the price trajectory.
(Source: CoinMarketCap)
This drop is partly due to traders’ lack of confidence in the Fed’s rate cut in December. Just a week ago, the chance of a rate cut was 69%, now down to 51%.
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The post (LIVE) Crypto News Today, November 14 – Why is crypto crashing today? Bitcoin USD Price Falls Below $97,000: Will $92,000 Follow? The post Best New Crypto to Buy appeared first on 99Bitcoins.
