[LIVE] Crypto News Today: Latest Updates for Nov. 21, 2025 – Bitcoin Falls Below $86,000 as Medium-Term Holders Dump; Crypto Market Cap Down 6%
The crypto market slid right into a harsh correction as Bitcoin plunged roughly 7.2% and sank under $86,000, dragging the broader market down over 7% previously 24 hours. Ethereum tumbled about 7.4% to $2,800 whereas Layer-1s, DeFi and Layer-2 sectors suffered double-digit ache in names like NEAR and SOON. VanEck’s evaluation pins the sell-off squarely on medium-term holders aggressively liquidating positions, a 32% drop in cash held by that cohort over two years, triggering a collapse in open curiosity, plunging funding charges and a vicious risk-off cascade. Even pockets of power, GameFi and a few NFT tokens, seem like temporary reprieves as the market braces for deeper draw back and potential capitulation.
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