Important points
- Bitcoin price has fallen below $90,000 amid increased market volatility.
- This decline represents a significant downturn following recent record highs in the crypto market.
After failing to sustain the $90,000 level on Monday, Bitcoin fell to $89,700, widening the decline and causing about $947 million in leverage liquidations over the past 24 hours, according to data from CoinGecko and CoinGlass.
Losses extended beyond Bitcoin. Ethereum fell 7% to below $3,000, XRP fell 6%, and Solana and BNB each fell about 4%. The total value of the cryptocurrency market fell by 5% to $3.1 trillion, with the fear and greed index at 11 and sentiment down to “extreme fear.”
Bitcoin is expected to decline by 15% on a monthly basis, making November one of the weakest months of 2025. The decline completely reversed this year’s gains, with Bitcoin down about 3% year-to-date.
