{
  "id": 20102915,
  "title": "Cryptocurrency losses deepen as Bitcoin drops 9%, Ethereum 11%",
  "url": "https://urgent.news/2026/11/15/cryptocurrency-losses-deepen-as-bitcoin-drops-9-ethereum-11",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-15T02:38:38.000Z",
  "source": {
    "name": "Ajel English",
    "slug": "ajel-english",
    "url": "https://english.ajel.sa/business/eecdv4eio"
  },
  "original_language": "en",
  "account": "The cryptocurrency market experienced a significant downturn, with major digital currencies witnessing sharp declines. Bitcoin experienced a 9% decrease, falling to $62,000, while Ethereum suffered an 11% drop. This negative trend extended to other prominent cryptocurrencies, including Solana, which plummeted by an even more alarming 15%. The collective losses in the digital asset sector underscore the growing investor caution and mounting sell-offs. Bitcoin has now plummeted over 20% since late October, marking its sixth consecutive week of decline. The downward pressure on the cryptocurrency market intensifies, driven by outflows from crypto-linked exchange-traded funds, forced liquidations, and a waning appetite for high-risk assets.",
  "summary": "Major cryptocurrencies plunged sharply, with Bitcoin falling 9% to $62,000 and Ethereum down 11%, amid rising sell-offs and investor caution.",
  "key_points": [
    "Bitcoin drops 9%, reaching $62,000",
    "Ethereum declines 11%",
    "Solana plummets 15%"
  ],
  "editors_take": "The prolonged decline in major digital assets signals a broader retreat from high-risk investments as liquidations and fund outflows drive sustained selling pressure across the entire cryptocurrency sector.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}