The cryptocurrency market is experiencing a period of strong volatility and a significant downward trend in recent weeks, especially in November 2025.
* Deep Correction of Bitcoin (BTC): Bitcoin has led the declines, with a considerable pullback (more than 30% from its recent highs of around $126,000).
* Its price has fallen significantly, trading below $90,000 and approaching the $80,000 zone (with risk alerts of falling to $70,000).
* November 2025 is shaping up to be one of the worst months for BTC since the crypto crisis of 2022.
* Widespread Declines: Selling pressure is dominant across the sector, indicating a deterioration in market sentiment.
* Ethereum (ETH) and other relevant altcoins have also experienced significant declines. For example, Ethereum has seen a reduction in its trading volume.
* Cryptocurrencies like Cardano (ADA) and Dogecoin (DOGE) have been particularly affected, accumulating significant losses this year.
* Reasons for the Decline: The decline cannot be attributed to a single cause, but rather to a combination of factors including:
* Capital Outflow: A notable outflow of "long-term holders" has been recorded, suggesting panic or external selling pressure.
* Macroeconomic Uncertainty: Global macroeconomic factors, such as the lack of clear data on inflation and uncertainty about Federal Reserve policies (interest rates), are driving distrust.
* Technical Analysis: The break of key support levels in Bitcoin (such as $100,000) has confirmed the bearish bias, with analysts warning about critical support levels between $79,000 and $75,000.
🔑 Key Factors Influencing the Market
The price of cryptocurrencies is influenced by a complex network of factors:
Category | Relevant Factors | Current Impact
Global Economy and Politics | Decisions on interest rates, inflation, government policies, employment data. | High impact: Macroeconomic uncertainty is driving risk aversion and selling.
Regulation | New laws and regulations (e.g., MiCA in the EU). | Medium/High impact: Clear regulation can foster institutional adoption, but strict regulation can cause declines. Regulatory advancements are reported in some countries.
Market Sentiment | Fear and greed, behavior of traders and "whales" (large holders). | High impact: Sentiment has quickly shifted from euphoria over new highs to a rapid adjustment process and deleveraging.
Institutional Adoption and Investment Investment from large companies and funds (e.g., launch of Bitcoin ETFs in the U.S.). | Long-term impact: Although institutional adoption remains a fundamental bullish factor, capital outflows from ETFs have pressured the price in the short term. |
Technology and Fundamentals | Protocol updates (e.g., Uniswap v4), real utility of the token. | Long-term impact: Developments in blockchain technology and the utility of platforms (like DeFi) remain potential growth factors.
