THE BLOCK · 2026-11-15 21:57 UTC

CZ denies Binance sold crypto as Bitcoin bounces from four-month low near $62,000

Bitcoin fell to around $62,000, its lowest since July, before recovering to about $64,910 by Sunday afternoon, down 14.2% on the week. Crypto liquidations totaled $2.02 billion over 24 hours, with longs accounting for $1.68 billion. CZ denied Binance sold crypto, saying he bought crypto with stablecoins and cited U.S. spot bitcoin ETF outflows, rate hike expectations, and security concerns after the October hack.

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