Bitcoin Falls Below 100,000 in Weak November 2025

Bitcoin has endured a turbulent November 2025, marking one of its weakest months on record as the cryptocurrency plunged below the 100,000 mark amid record-breaking outflows from exchange-traded funds and broader market caution. As of mid-month, the asset traded around 95,000, down approximately 25 percent from its early October peak, reflecting heightened selling pressure in a low-liquidity environment.

The downturn accelerated after Bitcoin briefly touched 107,500 earlier in the month, only to reverse sharply following the resolution of a 43-day U.S. government shutdown. This event, which ended in early November, spurred a rally in traditional equities, with the Dow Jones Industrial Average reaching new highs. In contrast, Bitcoin and other digital assets diverged, dropping to six-month lows near 94,590 by Friday. The sell-off triggered over 1.1 billion in liquidations across the market, with about half tied to Bitcoin trading pairs, according to data from CoinGlass.

A key driver has been massive outflows from Bitcoin ETFs, which reached 2.33 billion midway through November, the second-highest total for 2025 after February's near-4 billion drain. Major providers including...