📉 Key Market Movements (As of Morning/Afternoon, November 24, 2025)
• Bitcoin Price (BTC): After a sharp drop to near the $80,000 USD mark late last week, Bitcoin has recorded a slight recovery, trading around the $86,000 - $87,000 USD range. However, compared to its historical peak above $120,000 USD, BTC remains in a deep downtrend.
• Altcoins: Many altcoins (cryptocurrencies other than Bitcoin) are under similar selling pressure, dropping sharply by 20-40% from their peaks. Nevertheless, some, like EOS, have seen notable gains (over 17% on November 22).
• Market Sentiment: The "Fear & Greed Index" has fallen to a level of "Extreme Fear" indicating that pessimism and panic are dominating investors' psychology.
Macroeconomic Pressure:
• Fading Fed Rate Cut Hopes: Mixed US economic data has diminished expectations for an early interest rate cut by the US Federal Reserve (Fed), making risk assets like cryptocurrencies less appealing.
• Global Trade Tensions: Events like escalating trade wars are putting pressure on financial markets and increasing risk aversion.
ETF Capital Outflows:
• Spot Bitcoin ETFs, after a period of strong capital inflow, have witnessed large net withdrawals (e.g., over $500 million USD pulled from BlackRock's IBIT), creating selling pressure on the BTC price.
3. Leverage Position Liquidation:
• As the price dropped sharply, billions of dollars worth of leveraged cryptocurrency positions were liquidated, further accelerating the sell-off wave and worsening the decline.
4. Sell-off Sentiment:
• Short- to medium-term investors are believed to be leading this sell-off, with most recording losses, which suggests that market confidence is at its lowest in years.
The cryptocurrency market todayis seeing a slight technical rebound after a deep and prolonged decline, but market sentiment remains highly pessimistic due to macroeconomic concerns and pressure from capital outflows/leverage liquidation.
#BTC #ETH #solana $BTC $ETH $SOL
