Ad News Live
Why Is Crypto Crashing November 2025: Bitcoin is on pace for its toughest month in years, marking its steepest drop since the 2022 crypto turmoil triggered by major company failures.
On Friday, the price plunged as much as 6.4% to $81,629 before trimming some of those losses.
By 7:42 a.m. in London, it had recovered slightly and was trading at $84,166. Ether followed a similar trend, sliding up to 7.6% and slipping below the $2,700 mark.
Bitcoin has dropped about 23% so far in November, marking its biggest monthly decline since June 2022.
That earlier crash followed the collapse of TerraUSD, which set off a chain of failures that eventually brought down Sam Bankman-Fried’s FTX empire.
Today, even with a pro-crypto stance from the White House under President Donald Trump and growing interest from major institutions, the slide hasn’t slowed.
Bitcoin is now more than 30% below the record high it reached in early October.
This latest drop comes on the heels of a massive wave of liquidations on Oct. 10, when about $19 billion in leveraged crypto bets were wiped out.
That cascade of losses erased nearly $1.5 trillion from the overall value of the crypto market. The pressure hasn’t let up.
Over the past day alone, another $2 billion in leveraged positions have been forced out, according to CoinGlass data.
Institutional investors aren’t rushing in to scoop up the decline.
On Thursday alone, 12 U.S.-listed Bitcoin ETFs saw $903 million flow out — their second-biggest daily withdrawal since launching in January 2024.
Meanwhile, open interest in perpetual futures has tumbled, falling 35% from its October high of $94 billion.
Market conditions outside of crypto aren’t offering much relief either.
U.S. stocks had been climbing on renewed excitement around artificial intelligence and strong earnings from Nvidia.
But those gains have faded as worries grow about overheated valuations and uncertainty over whether the Federal Reserve will actually cut rates in December.
Overall sentiment in the market has taken a sharp turn for the worse.
Pratik Kala, a portfolio manager at Australian hedge fund Apollo Crypto, said it looks like a forced seller may be behind the pressure, though it’s still unclear how far this situation could extend.
Tony Sycamore, an analyst at IG Australia, added in a note that traders may be deliberately pushing the market to test Strategy’s tolerance level — referring to Michael Saylor’s long-standing Bitcoin-focused firm.
He explained that a deeper drop toward the company’s break-even price could trigger margin calls on its leveraged Bitcoin positions.
Shares of Strategy Inc. reflected that pressure, closing 5% lower on Thursday.
Follow Us
AD News Live
