Bitcoin drops below $90K, triggering $947M in liquidations
Key Takeaways
- Bitcoin's price fell below $90,000 amid heightened market volatility.
- The drop represents a significant downturn following recent record highs in the crypto market.
Bitcoin fell to $89,700 after failing to hold below the $90,000 level on Monday, extending its slide and triggering roughly $947 million in leveraged liquidations over the past 24 hours, according to data from CoinGecko and CoinGlass.
Losses extended beyond Bitcoin. Ethereum dipped 7% to below $3,000, XRP shed 6%, and Solana and BNB each lost around 4%. The crypto market’s total value dropped 5% to $3.1 trillion, while sentiment plunged to “extreme fear” with the Fear and Greed Index reading at 11.
With Bitcoin heading for a 15% monthly loss, November is shaping up to be one of its weakest months of 2025. The decline has fully reversed the year’s gains, leaving BTC almost 3% lower year-to-date.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Paxos' USDG0 Integrates Regulatory Standards with Cross-Chain DeFi Advancements
- Paxos launches USDG0, a cross-chain stablecoin using LayerZero’s OFT standard to expand dollar-backed liquidity across multiple blockchains while maintaining regulatory compliance. - The global stablecoin market hit $300B in October 2025, with trading dominating 88.2% of transactions, showing expanding use cases beyond crypto trading. - USDG0 avoids wrapped tokens, enabling native cross-chain functionality on Ethereum , Solana , and others, preserving compliance and composability. - Regulatory frameworks
Cloudflare Outage Sheds Light on the Inherent Dangers of Relying on Centralized Internet Systems
- Cloudflare's 2025 outage disrupted major platforms like ChatGPT and X due to a large config file. - The incident exposed vulnerabilities in centralized internet infrastructure, causing a 4% stock drop. - Experts warn of systemic risks from over-reliance on few providers, urging diversified infrastructure. - Financial services and crypto platforms faced downtime, highlighting the need for redundancy.
PENGU Token Technical Review: Managing Immediate Market Fluctuations and Blockchain Indicators
- PENGU token faces critical juncture with conflicting technical indicators and accumulating on-chain activity in November 2025. - Short-term bearish signals (RSI 38.7, 12 sell signals) clash with bullish MACD/OBV divergence and whale accumulation ($273K acquired). - On-chain patterns suggest potential breakout above $0.0235 resistance, with $0.026 target if volume supports, but $0.01454 support remains vulnerable. - Risks persist due to unquantified NVT score and bearish pressure from broader indicators,
Bitcoin News Update: Retail Investors Panic While Whales Remain Confident as Bitcoin Hits Lowest Point in Seven Months
- Bitcoin fell to a seven-month low near $89,250, sparking debates over a potential bottom or prolonged correction amid mixed technical and institutional signals. - Analysts highlight a possible 40% rebound by year-end, driven by bullish figures like Michael Saylor and whale accumulation of 345,000 BTC since October. - Retail investors flee as fear metrics hit extremes, contrasting with institutional confidence seen in Czech National Bank's $1M Bitcoin pilot and ETF inflows. - Technical indicators warn of
Trending news
MoreCrypto prices
More
