Crypto Market Summary: November 17, 2025
The global cryptocurrency market continued today under pressure, with an atmosphere of "extreme fear" that has taken hold of investors. The total market capitalization has decreased, reflecting a clear risk aversion in line with the sentiment of the broader global markets.
Bitcoin (BTC): The leading cryptocurrency fell further, trading significantly below the psychological barrier of $100,000, and even dropping below $95,000 at some points. This setback is attributed to a combination of profit-taking by long-term holders, institutional caution, and global macroeconomic concerns.
Ethereum (ETH): Ethereum also experienced declines, losing ground and struggling to stay above the $3,000 level. The bearish sentiment in Bitcoin often amplifies losses in altcoins.
Altcoins: Most major altcoins, including Solana (SOL), Cardano (ADA), and Dogecoin (DOGE), recorded significant percentage declines. Liquidations of over $700 million in the last 24 hours demonstrate that traders are quickly reducing their leverage.
Outlook: Despite the current drop, some analysts point out that ongoing accumulation by large investors ("whales") and long-term institutional adoption should provide underlying support. The key support levels to watch for BTC are around $96,000, while resistance is in the $101,500-$103,200 range.
