Bitcoin fell to $68,500, its lowest level in 12 weeks, as inflation fears and investor withdrawals accelerated the sell-off. BTC is down 4.5% in 24 hours and 9.5% this week.

  • Ethereum trades near $1,925, while Solana slipped below $80
  • Bitcoin is down roughly 21% from its autumn peak near $86,000
  • Daily RSI hit 25.4; immediate support sits around $67,650

LaunchBar verdict: oversold does not mean safe. A December Fed hike is now the dominant macro trade, and a 50-basis-point move remains possible if inflation stays hot. Traders should watch $67,650—losing it could trigger another liquidation wave.