# Bitcoin Hits 12-Week Low as Fed Rate Fears Undo Most of Summer Rally

- URL: https://talkfuse.com/story/bitcoin-hits-12-week-low-as-fed-rate-fears-undo-most-of-summer-rally/
- Published: 2026-11-13T17:22:54+00:00
- Updated: 2026-11-13T18:42:54+00:00
- Original publisher: Decrypt
- Original article: https://decrypt.co/383231/bitcoin-hits-12-week-low-fed-rate-fears-undo-summer-rally
- Topics: Business, Crypto, Economy

## Key points

- Bitcoin fell to about $68,500, its lowest price in 12 weeks.
- Traders see a 91.9% chance of a quarter-point Fed rate rise.
- Bitcoin funds recorded $1.49 billion in outflows over six sessions.

## Summary

Bitcoin fell to about $68,500 on Friday, its lowest level in 12 weeks, as inflation concerns and investor withdrawals weighed on cryptocurrency prices. The decline has erased most of Bitcoin’s late-summer recovery and reflects concern that US interest rates may stay higher, making speculative assets less attractive.

Bitcoin was down 4.5% in 24 hours and 9.5% over the week, while Ethereum traded near $1,925 and Solana fell below $80. Futures markets indicated a 91.9% chance of a quarter-point Fed rate rise and an 8.1% chance of a half-point rise; these are trader expectations, not a Fed decision. US spot Bitcoin funds saw about $1.49 billion in net outflows from 5 to 12 November, although they retain $55.5 billion in cumulative net inflows. Bitcoin remained about 16% above its late-June low of $59,000, with immediate support near $67,650.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.