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Bitcoin slides to $68,200 as Fear & Greed hits 13 on Anthropic IPO jitters

Bitcoin fell 3.82% to $68,228 as CoinDesk tied selling to Anthropic IPO demand and risk-off moves. Fear & Greed dropped to 13, its lowest in eight days.

Live chart · BTCUSD, ETHUSD, SOLUSDT · TradingView

Bitcoin extended its slide to $68,228, down 3.82% in 24 hours, as the selling that broke $69,000 earlier carried into the late session. CoinDesk reports that analysts see capital heading into Anthropic's IPO and a broader risk-off move as the main pressure, not the Nvidia leadership turmoil itself.

Sentiment has cracked further. The Crypto Fear & Greed Index fell to 13 from 20, deep in extreme fear.

Bitcoin

According to CoinGecko data as of 01:26 UTC on 14 November, Bitcoin traded at $68,228. It is down 3.82% over 24 hours and 9.89% over seven days. The 24-hour range ran from $70,894 to $67,831, so the price sits close to the low of the day. Volume was $42.5 billion.

CoinDesk notes that Bitcoin is heading for a sixth straight weekly loss and is down 21% this year. Decrypt writes that the drop has undone most of the summer rally, citing persistent inflation, expectations of another rate hike and ETF withdrawals. Chart: BTC/USD on TradingView.

Ether and the majors

Ether fell 4.09% to $1,928.30 and is down 13.66% on the week, trading between $1,905 and $2,010.36. Solana was the weakest major on the day. XRP has lost the most over seven days and is holding just above $1.

CoinPrice (USD)24h %7d %
Ether1,928.30-4.09-13.66
BNB630.45-3.72-9.01
XRP1.007-2.27-14.37
Solana77.34-4.98-13.75
Dogecoin0.064465-2.70-10.75
Cardano0.167242-4.14-8.81

On Cardano, Decrypt reports that founder Charles Hoskinson called the roadmap complete, with ADA down almost 95% from its all-time high.

Market breadth and sentiment

Total crypto market value fell 5.85% in 24 hours to $2.324 trillion. Bitcoin dominance stands at 58.9% and Ether's share at 10.1%.

The Fear & Greed Index reads 13, the lowest reading in the past eight days. The trend is sharply lower:

  • 10 November: 32 (Fear)
  • 11 November: 29 (Fear)
  • 12 November: 28 (Fear)
  • 13 November: 20 (Extreme Fear)
  • 14 November: 13 (Extreme Fear)

What drove the session

Macro and rates. Cointelegraph reports that October US PPI came in below expectations, yet stocks slipped and the market reaction was tepid. Decrypt writes that Fed Chair Warsh is examining whether AI will lower prices or keep inflation elevated, a question that could shape rates. Our sister site covers the currency side in the dollar's best week since September as PPI keeps Fed hikes in play.

Corporate holders. Cointelegraph reports that Metaplanet swung to a $170 million loss as Bitcoin sales, valuation losses and higher borrowing costs hit earnings. Decrypt says JPMorgan's Q3 13F shows about $981 million across Bitcoin ETFs, Strategy and Coinbase.

Regulation. Cointelegraph reports that Coinbase's trust company received final clearance as lawmakers seek records on crypto firms' compliance. Decrypt writes that Trump has named a bipartisan slate for the SEC and CFTC, including his first Democratic picks for either agency.

What to watch next

  1. SEC nominations hearing. CoinDesk reports that the Senate Banking Committee has set Trump's SEC picks for review next week.
  2. Anthropic IPO. CoinDesk ties investor attention on the anticipated listing to pressure on Bitcoin.
  3. Weekly close. CoinDesk flags a possible sixth weekly loss for Bitcoin.
  4. Nvidia CEO search. Decrypt reports that Nvidia's board has reportedly approached Arm's Rene Haas, though CoinDesk's analysts see no direct link to Bitcoin's decline.

How we make this article: software gathers the market data and the news from the sources linked in the article, then cross-checks them. AI writes the text. People choose the sources, set the rules and run the process. Not investment advice.