[LIVE] Crypto News Today, November 14 – Why Is Crypto Crashing Today? Bitcoin USD Price Falls Below $97K: Is $92K Next? Best New Crypto To Buy

The cryptocurrency market is experiencing one of its strongest declines in weeks

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Bitcoin
Bitcoin

$97,072.71


5.17%

Bitcoin
Bitcoin


price

$97,072.71

5.17% /24 hours





Volume in 24 hours

$91.01 billion



The price is 7 D

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It fell below $98,000 on November 14, briefly touching $97,100 while recording a daily decline of 3%. More than $1.10 billion in liquidations hit the market in the last 24 hours, with long positions losing $969.37 million. As volatility accelerates, traders are reevaluating their positions and looking for stability, or even the best new cryptocurrency to buy, while the broader market tries to understand what led to today’s sudden downturn.

Much of the pressure stems from changing overall expectations. Markets quickly retreated from their hopes for a rate cut by the Federal Reserve in December, dampening appetite for risk assets across the board.

Bitcoin ETFs have recorded more than $1.3 billion in outflows since October, and on-chain data shows that long-term Bitcoin holders have unloaded 815,000 BTC in just 30 days. Global uncertainty is weighing heavily: new weak data from China, ongoing tariff fears, and declining institutional flows have combined to create a perfect storm for cryptocurrencies.

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Bitcoin’s break below the key $98,000 support level, previously defended in June, has turned sentiment bearish. The Fear and Greed Index at 21 reflects the market turning extremely fearful, and analysts warn that failure to hold the $97,000 level could open the door to a deeper decline towards $92,000-$91,000, or even a liquidity sweep to the $90,500 area.

for me $ Bitcoin The target was smashed at $98.2k, and this is what I think will come next.

92 thousand dollars.

Are you ready? pic.twitter.com/wjoGuwPzG5

-Ruz (@RuzTV) November 14, 2025

However, not all analysts are pessimistic. Many see this correction as typical mid-cycle behavior. Historically, Bitcoin corrections average around 22%, which is closely in line with current market conditions. Some traders see the decline as a potential accumulation opportunity, noting that the $98,000 area has previously served as a demand zone.

On the other hand, reports of continued buying from certain central banks, such as the Czech Republic, suggest that long-term institutional confidence remains far from broken.

With total trading volume rising to $102 billion, the next move is likely to be volatile. Whether Bitcoin consolidates above $97K or extends the correction lower, traders are closely monitoring the signals — and assessing whether this pullback could highlight the best new cryptocurrency to buy during the current market reset.

 

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