Crypto Volatility Spikes as Major Coins Drop 8% to 13%
Major cryptocurrencies experienced sharp declines on November 14, with seven out of eight tracked coins falling over 8% in a single day as market volatility surged.
🧠AI AnalysisPhoto: tradingview.com
Key points
- Seven out of eight major coins dropped 8% or more on November 14.
- Avalanche led losses with a 13.6% decline, while Bitcoin fell 6.0%.
- Technical indicators showed volatility and average true ranges nearly doubling within 12 hours.
A sudden wave of selling hit major digital assets on November 14, following a period of relatively calm trading on November 13 when large coins moved between 1.5% and 4.4%. According to market data from Coinbase, seven out of eight major coins dropped by 8% or more. Avalanche led the losses with a 13.6% decline, followed by Cardano down 12.2%, Dogecoin down 11.2%, Solana down 10.1%, Chainlink down 9.8%, XRP down 9.5%, and Ethereum sliding 8.3%. Bitcoin finished the session 6.0% lower, exhibiting an intraday high-low range of 8.1%.
Technical indicators highlighted the rapid shift in market conditions over a 12-hour window. For Bitcoin, Bollinger Band width expanded from about 4.6% at 9 a.m. to 8.6% around 9 p.m. in New York time, while the Average True Range nearly doubled from $576 to $935. Ethereum showed even greater expansion, with its band width jumping from 4.6% to 13.1% over the same period.
What to watch next: Technical analysts suggest monitoring volatility metrics like Bollinger Band expansion and ATR to manage risk, adjust stop-losses, or trigger automated bot pauses during sudden market speed shifts.
Source tradingview.com — tradingview.com/chart/BTCUSD/MFvrVoaL-7-of-8-coins-fell-8-in-a-day-… ↗
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