Crypto Market Recap Nov 14: Bitcoin Near $64,000 USD, Down 7% on an Empty Tape
Bitcoin traded under $64,000 USD on Saturday, the day of the week it moves least. At 6:05pm ET on November 14, the live reading was $63,499.69 USD, or $90,454.45 CAD. That is a snapshot, not a close: crypto never shuts, and the UTC day it falls in ends at 7:00pm ET. Measured from Friday’s completed close of $68,249.27 USD, it is a fall of 6.96% on the US dollar line. On the Canadian dollar line, from Friday’s close of $97,408.77 CAD, it is 7.14%.
Ethereum is down more. Its live reading of $1,740.58 USD ($2,484.18 CAD) is 9.70% below Friday’s close of $1,927.59 USD ($2,751.15 CAD), and the percentage is the same on both currency lines.
The shape of the day runs against the obvious assumption. From midnight ET, Bitcoin went from $67,162.24 USD to $63,589.43 USD by the 6:00pm hourly bar, a fall of 5.32%. Thirteen of the eighteen hours closed lower. The deepest single hour fell 1.47%, at 3:00pm ET, and the three worst hours together account for 4.27 percentage points. There was no single liquidation hour. It was a steady grind across the whole day rather than one cascade, which is worth saying plainly because a 7% weekend move invites the opposite picture.
Below: how rare a Saturday move of this size is, what the week before it did to rates, and where the slide sits against Bitcoin’s 2026 range. All market data is as of November 14, 2026, 6:05pm ET unless a different date is given.
Saturday is the quietest day of Bitcoin’s week
We measured the standard deviation of Bitcoin’s daily change by weekday across three years of completed UTC closes, November 15, 2023 to November 13, 2026. Saturday is the calmest by a wide margin.
| Weekday | Standard deviation | Median change |
|---|---|---|
| Monday | 2.88% | +0.32% |
| Tuesday | 2.52% | -0.42% |
| Wednesday | 2.79% | +0.09% |
| Thursday | 2.65% | -0.32% |
| Friday | 2.70% | +0.05% |
| Saturday | 1.20% | +0.08% |
| Sunday | 2.01% | +0.07% |
Pooled across Monday to Friday (783 days), the standard deviation is 2.73%. Saturday’s 1.20% is 2.27 times smaller. Ethereum shows the same shape: a Saturday standard deviation of 2.20% against 3.79% from Monday to Friday.
These are UTC days. The UTC “Saturday” bar runs from 7:00pm ET Friday to 7:00pm ET Saturday, so it contains Friday evening in Canada, not Saturday evening. The UTC “Sunday” bar carries the 6:00pm ET Sunday futures reopen, a plausible reason Sunday’s 2.01% sits well above Saturday’s 1.20%.
The plain reading of the table is that the book is thinnest when nothing else is open, so a given amount of selling moves price further on a Saturday than it would midweek.
The record for a Saturday fall this size
Of the 156 Saturdays in the window, exactly three closed as much as 4% lower.
| Saturday | Bitcoin’s change |
|---|---|
| January 31, 2026 | -6.55% |
| March 16, 2024 | -5.89% |
| April 13, 2024 | -5.02% |
After those three the list falls away. The fourth-deepest Saturday in three years is March 21, 2026, at -2.57%. Ethereum’s deepest Saturday in the window is the same January 31, 2026, at -9.52%.
Today’s live Bitcoin reading is -6.96%, from an unfinished day. The reading is live and the UTC day has not closed, so where it finally lands is not known yet. The record above is the part that cannot change. The chart below shows the eight deepest completed Saturday closes, with the live reading drawn as a dashed reference line and labelled as not a close.
For scale across every weekday, 13 of the 1,095 daily changes in the window fell 6% or more. That is 1.2% of days.
Nothing opened, and nothing printed
On a Saturday there is no stock market, no bond market, no data release and no central bank decision. Whatever repriced Bitcoin today did not arrive today.
The place to look is the week behind it.
The week that repriced rates
The US Treasury’s own daily par yield curve shows yields higher in every session listed below. There is no row for November 11, when the US bond market was closed.
| Date | 2-year | 10-year |
|---|---|---|
| November 5 | 4.46% | 4.84% |
| November 6 | 4.51% | 4.86% |
| November 9 | 4.56% | 4.88% |
| November 10 | 4.73% | 4.98% |
| November 12 | 4.86% | 5.10% |
| November 13 | 4.88% | 5.15% |
Over five sessions to November 13, the 2-year yield rose 42 basis points. Of the 213 five-session windows in 2026, the next largest rise in the 2-year is 31 basis points, so this is clearly the biggest of the year. The 10-year rose 31 basis points, against 30 in the window ended September 29: a near tie, with this week ahead by one basis point. Both are from the US Treasury’s daily yield curve data.
The move is the point more than the level. At 4.88%, the 2-year sits 4 basis points below its 2026 high of 4.92%, set September 28. The 10-year’s level is not a high: 16 days of 2026 closed at or above 5.15%, and the year’s peak was 5.31% on October 5.
The October Consumer Price Index landed on November 10 at 8:30am ET, and the BLS release showed all items up 0.4% on the month, seasonally adjusted. It carried no year-over-year figure for all items or for core, because October 2025 data were never collected during a lapse in appropriations, so the 12-month change cannot be computed. The 2-year yield rose 17 basis points on November 10, the day the CPI release landed, from 4.56% to 4.73%, the largest single-session move in the table.
Canada’s rate pricing now leans toward a hike
Montreal Exchange one-month CORRA futures, as of November 14, settle at a level implying 2.65%, against the Bank of Canada’s 2.50% overnight target, which prices roughly a 59% chance of a hike at the December 9 decision, so Canadian pricing leans the same way as the week’s US repricing. The Bank of Canada’s key interest rate page carries the current target. Spot CORRA is from the Bank of Canada Valet.
The weekend break, for Canadians holding through a fund
The Toronto Stock Exchange was shut all day, and it stays shut until Monday at 9:30am ET. Anyone holding Bitcoin through a TSX-listed product has had no market since Friday. These are the last prints, Friday, November 13:
| Security | Close | Change |
|---|---|---|
| Purpose’s non-hedged Bitcoin fund (BTCC.B) | $13.57 | -3.49% |
| Hut 8 (HUT) | $82.03 | -7.21% |
| HIVE Digital (HIVE) | $2.24 | -4.68% |
| Purpose’s non-hedged Ethereum fund (ETHH.B) | $9.26 | -3.24% |
| BetaPro Inverse Bitcoin ETF (BITI) | $23.31 | +3.69% |
BITI is an inverse fund, which is why it rose on a day Bitcoin fell. Hut 8 and HIVE are frozen until Monday, and our ranked page on Canadian crypto stocks covers the TSX-listed names in detail.
On the same basis as our September study, Bitcoin in Canadian dollars closed Friday’s 4:00pm ET hourly bar at $97,475.33 CAD. The 6:05pm ET Saturday reading of $90,454.45 CAD is 7.20% below that bell. That study measured the 49 TSX weekend breaks of the past year, from October 3, 2025 to September 18, 2026. Bitcoin’s Canadian-dollar move from Friday’s bell averaged 2.17% in absolute terms, with a median of 1.98% and a largest of 6.49%. Sunday has not traded, so today’s 7.20% is a number in motion. The 49 are fixed.
Where the slide sits in Bitcoin’s year
Measured to the live reading:
- One week: down 16.17% from the November 7 close of $75,747.58 USD.
- Ten UTC days: down 21.03% from the November 4 close of $80,405.29 USD.
- 2026 high close: $96,929.33 USD on January 14, 2026. The live reading is 34.49% below it.
- 2026 low close: $58,558.86 USD on June 30, 2026. The live reading is 8.44% above it.
- From the cycle peak: down 49.10% from the highest close in the window, $124,752.53 USD on October 6, 2025.
A fall of that size from a peak is the territory our guide to how corrections and bear markets differ explains.
The most recent completed close below the live reading was $62,818.65 USD on August 16, 2026, so Bitcoin is back at August levels. The record turns the other way at the June low: Bitcoin has not taken out its 2026 closing low.
Ethereum is 22.17% below its November 7 close of $2,236.32 USD and 63.97% below its highest close in the window, $4,831.35 USD on August 22, 2025. Its most recent completed close below the live reading was $1,698.17 USD on July 2, 2026. Against Bitcoin, it now takes 36.5 ETH to buy one Bitcoin, against 35.4 at Friday’s close. The last completed day that took more was July 1, 2026, at 37.3, so Ethereum is back where it stood against Bitcoin in early July rather than at a new extreme.
A reader who has just watched another 7% go will want the longer record. Yesterday, with Bitcoin at $69,750.67 USD, the live reading stamped 8:45am ET on Friday, November 13, we published what the record says about this setup, testing every instance since 2014 of a 50-day average above the 200-day with price below both. The early horizons looked worse. At 90 days the measures disagreed with each other: the failed arm still sat below the healthy arm on the mean, while the 90-day positive rate of 73% ran above both the healthy regime’s 67% and the 61% unconditional rate. The piece did not call it. That study ran before today’s fall.
A thin market, a repriced week, and no verdict on Monday
A Saturday move this size is rare in three years of completed closes. It came on a day with no open market and no data, after a week in which the 2-year Treasury yield had its largest five-session rise of 2026 and Canadian pricing tilted toward a hike. Bitcoin remains above its 2026 closing low, and the number of Ethereum needed to buy one Bitcoin has returned to a July level. None of that is a forecast, and we are not making one for Monday. For the tape itself, the TradingView Bitcoin chart is the place to check it.
Disclaimer: The content on bestcanadianstocks.ca is for informational and entertainment purposes only and does not constitute financial advice. Past performance is not indicative of future results. Always consult a qualified financial advisor before making investment decisions. Bitcoin and Ethereum prices are Yahoo Finance quotes. The live reading is a single pull of BTC-USD, BTC-CAD, ETH-USD, ETH-CAD and CADUSD=X taken at 6:05pm ET on November 14, 2026, and it is a snapshot rather than a close, because crypto trades continuously. All history is Yahoo Finance completed daily bars, which cut at midnight UTC, running November 14, 2023 to the November 13, 2026 close; the November 14, 2026 UTC bar was unfinished when this was written and is excluded from every calculation. The weekday standard deviations, the Saturday record, the drawdown figures and the Canadian-dollar weekend break are our arithmetic on those bars. US Treasury 2-year and 10-year par yields are the US Department of the Treasury’s own daily yield curve for 2026. The October Consumer Price Index figure is the US Bureau of Labor Statistics news release of November 10, 2026. Canadian rate pricing is Montreal Exchange one-month CORRA futures settlement with spot CORRA from the Bank of Canada Valet, fetched November 14, 2026. TSX-listed fund and miner prices are Friday November 13, 2026 closes from Yahoo Finance. The 49-weekend-break distribution is from our own September 26, 2026 recap.
