Bitcoin News Update: Crypto Market Finds "Fertile Ground" Post-Drop as Buyers Take in Capitulation Sales

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Bitcoin News Update: Crypto Market Finds "Fertile Ground" Post-Drop as Buyers Take in Capitulation Sales

Bitget-RWA2025/11/17 04:58

By:Bitget-RWA

- Bitcoin fell below $95,000 in late November 2025, triggering panic as the Fear & Greed Index hit a nine-month low of 10. - Waning institutional demand, macroeconomic uncertainty, and $600M in forced liquidations accelerated the selloff, with spot ETFs losing $1.1B in outflows. - XWIN Research warned the correction could persist until mid-2026 if key $92,000–$94,000 support levels fail, while 96 of top 100 cryptos declined. - Political tensions emerged after Trump pardoned Binance's Zhao, who received a $

Bitcoin Drops Below $95,000 as Crypto Market Faces "Extreme Fear"

In late November 2025, Bitcoin’s value fell under $95,000, sparking significant anxiety throughout the crypto sector as investors faced an extended downturn. The sharp decline, fueled by declining institutional interest, global economic instability, and a wave of liquidations, sent the Fear & Greed Index plunging to 10, its lowest point in nine months,

indicating a state of "extreme fear" among market participants

Bitcoin News Update: Crypto Market Finds

Crypto analysis company XWIN Research

cautioned that the downturn might continue

into mid-2026 if crucial support levels, specifically the $92,000–$94,000 range, fail to hold.

Several factors have contributed to the ongoing slump.

Lowered hopes for a Federal Reserve rate reduction

in December—a key driver for risk assets—have weighed on investor sentiment. At the same time,

spot ETFs have experienced outflows totaling nearly $1.1 billion

in recent days, signaling a dramatic reversal in investment trends. Adding to the turmoil,

high leverage positions were rapidly liquidated

, with forced closures of long positions exceeding $600 million within hours after major support levels collapsed.

According to Glassnode, Bitcoin is

"trapped in a consolidation phase," as buyers absorb selling pressure but lack the strength to spark a meaningful rebound.

A significant supply barrier

between $106,000 and $118,000—where many holders are selling to break even—has created a strong resistance area, limiting upward movement. Meanwhile,

overall market conditions have worsened

, with 96 out of the top 100 cryptocurrencies posting losses and the CoinDesk 20 index dropping 5.8% in just one week.

The recent sell-off has also highlighted vulnerabilities within the crypto landscape.

Avalanche (AVAX), Solana (SOL), and Ethereum (ETH)

have all suffered double-digit percentage declines, with ETH now trading at $3,208, marking a 35% decrease from its peak.

Blockchain data shows

that long-term

Bitcoin

investors have offloaded 815,000 BTC (worth $79 billion) over the past month—the largest outflow since January 2024—while exchange inflows have surged to $183 billion in trading activity.

Political events have further fueled the uncertainty.

President Donald Trump’s controversial decision to pardon

Changpeng Zhao, the founder of Binance, has sparked debate over potential conflicts of interest. Zhao’s company, which previously backed a Trump family crypto initiative,

World Liberty Financial

, secured a $2 billion investment from an Emirati fund in May 2025,

a deal that critics claim

was intended to curry favor with foreign entities on Trump’s behalf. Legal professionals have criticized the pardon as an abuse of presidential authority, pointing to risks of corruption and divided allegiances.

Despite the negative outlook, some experts remain optimistic.

Some analysts believe the market is now better positioned

after the recent purge, as long-term holders continue to accumulate and technical signals hint at possible short-term rallies. Still,

a true recovery will depend on

renewed capital inflows to counteract selling pressure and rebuild institutional confidence.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Legal Team Portrays Pardon as Protective Measure Amid 'Crypto Crackdown'

- Binance founder CZ's legal team denied "pay-to-play" claims, asserting his 2025 pardon followed standard procedures and regulatory review. - Attorney Teresa Guillén rejected ties to Trump's crypto ventures, calling allegations "false" and emphasizing Zhao's case was regulatory, not criminal. - Critics like Sen. Warren accused Trump of corruption over World Liberty Financial ties, while the White House defended the pardon as routine presidential authority. - Legal scholars called the pardon "unprecedented

Bitget-RWA•2025/11/17 07:14

Legal Team Portrays Pardon as Protective Measure Amid 'Crypto Crackdown'

Cardano News Update: DeFi Faces $6M Setback as Low-Liquidity Pools Consume Major ADA Trade

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Bitget-RWA•2025/11/17 07:14

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Bitcoin News Today: Bitcoin Faces Crucial $94K Threshold: Will It Hold Steady or Plunge Further?

- Bitcoin tests critical support near $94,000 as technical indicators signal bearish momentum amid Fed policy uncertainty and liquidity strains. - Record $463M BlackRock ETF outflows and $1.1B total redemptions highlight worsening market sentiment and institutional distress. - Analysts split between bear market forecasts through 2026 and potential stabilization near $94,000 tied to 6-12 month holder cost bases. - Key resistance at $103,000 remains pivotal - a sustained break could reignite bullish trends w

Bitget-RWA•2025/11/17 07:14