By Isaac • November 14, 2026 3:25 pm •
Bitcoin has broken below $65,000, turning a heavily watched holder cost-basis zone into the market’s immediate test.
This is more than another round-number move. A large block of Bitcoin last changed hands between roughly $65,000 and $68,000, which means the selloff is now pressing directly against the price range where hundreds of thousands of coins were acquired.
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CryptoSlate reported that Coinbase Institutional data placed about 855,000 BTC in that band. At the reported market price, the cluster represented roughly $57 billion in holder inventory.
The source described the range as a historical cost-basis zone rather than a guaranteed technical floor. It also reported that Bitcoin had fallen 11.6% over seven days as it entered the band.
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