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November Was Bitcoin’s Second Worst Month In 2025

Bitcoin is on monitor to submit its second-worst month-to-month efficiency of the 12 months after falling 17.28% in November. According to CoinGlass knowledge, that locations it simply behind February’s 17.39% decline.

Notably, the drop additionally marks Bitcoin’s steepest November slide since 2022, when it misplaced 16.23% of its worth.

Why Bitcoin Price Struggled This November

According to BeInCrypto knowledge, Bitcoin opened November close to $110,000 after a unstable October that delivered a report high of $126,000 but in addition erased about $20 billion in market value.

The selloff had begun after Donald Trump expanded tariffs on China on October 10, prompting a broad reassessment of danger throughout international markets.

The choppiness continued into November, and the record US government shutdown additional exacerbated it by tightening liquidity throughout conventional markets.

Apart from the macroeconomic situations, BTC was additionally affected by weakening institutional flows.

According to SoSo Value knowledge, Bitcoin ETFs recorded $3.48 billion in outflows in November. This marks the second-largest month-to-month outflow for the reason that merchandise launched in 2024.

US Bitcoin ETFs Monthly Flows Since Launch. Source: SoSo Value

This outflow development started quietly within the second half of October. However, it accelerated in November as international markets digested the broader macroeconomic situations, lowering one of many asset’s most dependable sources of demand.

At the identical time, the market stress was amplified by short-term investor capitulation.

According to Glassnode, the realized lack of short-term holders surged, with the 7-day EMA rising to $427 million per day. That degree is the best recorded since November 2022.

At the time, BTC panic promoting was rife, leading to losses just like these noticed on the earlier two main lows of this cycle.

The knowledge means that reactive promoting, moderately than long-term distribution, was the defining strain level for Bitcoin’s current decline.

Due to the convergence of those factors, BTC’s worth briefly fell to a seven-month low of under $80,000 in the course of the month, earlier than rebounding to $90,773 at press time.

This worth efficiency mirrored each exterior pressures and the buildup of structural stress within the crypto market.

The submit November Was Bitcoin’s Second Worst Month In 2025 appeared first on BeInCrypto.

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