The fear and greed index stands at 15 points, in the territory of 'extreme fear'.

#BTCVolatility
Bitcoin is heading to $85,000 and has already fallen 31.5% from its record

Bitcoin loses the level of $87,000 for the first time since April, as the market absorbs the idea that there will be no further rate cuts in December.

The cryptocurrency market deepened its decline this Thursday, November 20, when Bitcoin fell below $87,000 for the first time since April.

As traders adjusted their expectations regarding the trajectory of interest rates following the delayed release of the September jobs report in the United States.

The reaction led the cryptocurrency to an intraday low of $86,050, representing a drop of 3.4% for the day and a cumulative weekly loss of 12.7%. With this, Bitcoin has accumulated a decline of 7% in 2025 and is down 31.5% from its peak of $126,080, reached on October 6.

The decline was amplified by an increase in liquidations globally. According to data from CoinGlass, forced liquidations reached $904 million in the last 24 hours, with $417.4 million concentrated in Bitcoin, 46% of the total.

Meanwhile, the cryptocurrency market lost a total value of $3 trillion, falling 2.2% to $2.96 trillion.

$BTC
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