US EditionBitcoin Erases Year’s Gain as Crypto Bear Market Deepens
Institutional investors have retreated, removing key support and causing Bitcoin to fall below last year’s close of about $93,700, accounting for nearly 60% of the $3.2 trillion crypto market.
- On Nov 16, Bitcoin fell below US$93,714, pushing the price beneath last year's closing level, before paring losses to trade at US$94,869 at 8:39 am on Monday in Singapore.
- Over the past month, many of the biggest buyers, from ETF allocators to corporate treasuries, have quietly stepped back, removing flow-driven support after ETFs took in more than US$25 billion, pushing assets to roughly US$169 billion.
- After peaking at US$126,251 on Oct 6, Bitcoin tumbled following unexpected comments by US President Donald Trump that analysts say triggered record liquidations on Oct 10, combining institutional outflows and wiped-out leveraged longs.
- Smallers, less-liquid tokens have suffered steep losses, and a MarketVector index tracking the bottom half is down around 60% this year, affecting investors and traders.
- Cooling high-flying technology stocks have sapped risk appetite, and market participants report scepticism around capital deployment and negative retail investors sentiment, suggesting a gradual recovery.
13 Articles
13 Articles
Bitcoin has given up its year-to-date gains just over a month after reaching a new record high. The world's largest cryptocurrency reached a new record high in early October. Since then, however, the price has fallen, and the annual gain of approximately 30 percent has completely evaporated.
A little more than a month after reaching a historic peak, Bitcoin has wiped out the gains of more than 30% recorded since the beginning of the year, as enthusiasm for the pro-cryptocurrency stance of the Donald Trump administration fades. The main cryptocurrency fell below $93,714 on Sunday, November 16, falling below the level of closure reached at the end of last year, when financial markets rebounded after President Donald Trump’s electoral …
Bitcoin Erases Year’s Gain as Crypto Bear Market Deepens
Just a little more than a month after reaching an all-time high, Bitcoin has erased the more than 30% gain registered since the start of the year as the exuberance over the pro-crypto stance of the Trump administration fades and the recent cooling of high-flying technology stocks leads to a drop in overall risk appetite.
Bitcoin Hovers Near $95,000 as Bearish Sentiment Dominates Crypto Market
Bitcoin steadied near $95,000 after dipping below $93,000 over the weekend, with the market recovering cautiously as traders assessed liquidity conditions, regulatory signals, and whale activity. Analysts noted muted institutional flows, slow ETF inflows, and mixed macro cues, while Ethereum and major altcoins fluctuated under broader risk-off sentiment. Long-term accumulation trends and improving stability are offering early signs of a potentia…
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