Bitcoin Plunges 25% from $126,000 High to $90,000
Bitcoin's price has plunged more than 25 percent from its all-time high of $126,000 set on October 16, 2025, settling around $90,000 as of Monday amid heightened market volatility and investor caution. The cryptocurrency, which briefly dipped below $89,000 over the weekend, has erased nearly all of its year-to-date gains, prompting widespread selling and over $1 billion in liquidations across major assets including Bitcoin, Ethereum, and XRP.
The decline accelerated following a sweeping reversal that began on November 11, with Bitcoin closing below $100,000 for the first time in six months and falling beneath its 50-week moving average. Traders attributed the drop to broader market stress, where investors are derisking by offloading volatile assets to raise cash. Bitcoin's close ties to liquidity and low-interest environments have left it particularly sensitive to tightening conditions, unlike gold, which has held steady as a traditional safe haven. The Fear and Greed Index, a gauge of market sentiment, plunged to 11, its lowest level since the 2022 Luna collapse, reflecting deep panic among short-term holders.
On-chain data underscores the intensity of the sell-off. CryptoQuant...