Bitcoin suffered the most significant drop in recent months: what is known
21 November 2025 20:51
Bitcoin has suffered its most significant drop in recent months, falling below $86,000 for the first time since April 2025.
According to Bloomberg, the market has faced a decline in buying activity and a loss of momentum that previously supported the price of the cryptocurrency at a historically high level, "Komersant Ukrainian" reports.
What happened
As of the morning of November 21 in Singapore, Bitcoin’s rate dropped to $85,474, a drop of more than 2%. Analysts attribute this to a wave of sales by large investors – the so-called “whales” – who have lost more than $20 billion in assets since September.
According to CoinShares Head of Research James Butterfield, some market participants are focused on the historical four-year Bitcoin cycle, which often sees a correction at this stage. Despite the fact that fundamental indicators do not indicate the need for such a drop, investors’ expectations have become “self-fulfilling”: when large holders started selling, the price went down.
This is not the first episode of decline – as of November 18, Bitcoin had already dropped below $90,000 for the first time in seven months. The market remains sensitive to large transactions, while institutional investors continue to take profits after updating price highs this year.
Bitcoin’s fall may affect other crypto assets
The fall of Bitcoin may affect other crypto assets that traditionally move in the same trend. Analysts also note that if large holders continue to sell, the market may lose some more value until a new wave of demand appears.
Investors are now closely monitoring changes in the dynamics of trade flows, waiting to see if Bitcoin can regain momentum or if the market will enter a deeper correction phase.
