https://www.usatoday.com/story/money/markets/2025/11/21/bitcoin-crypto-market-news/87395390007/
Why crypto's having a terrible, horrible, no good, very bad month
Crypto's having a terrible, horrible, no good, very bad month, and it could get worse before it gets better, experts said.
Cryptocurrencies have cratered this month, losing more than $1 trillion in value in recent weeks. Bitcoin's dropped to the lowest level since April and is on track for its worst month since 2022. It's down more than 33% from its all-time high above $126,000 in early October, which officially pushes the digital unit into bear market territory defined as at least 20% lower than the record high.
Bitcoin's now down about 10% this year, and likely will see more selling which could mean its first annual loss since 2022, experts said. At 1:29 p.m. ET, Bitcoin was down 3.18% at $83,776.81.
The sharp decline could force even more sales, some analysts warned. It's "reawakened concerns about a further wave of forced selling, amid worries that retail investors might need to liquidate other assets to meet margin calls," Deutsche Bank economist Jim Reid said. A margin call is when a brokerage demands an investor deposit more money or securities to cover a shortfall that happens amid a sharp price decline.
= new reply since forum marked as read