{"id":275383,"date":"2025-11-21T12:32:14","date_gmt":"2025-11-21T12:32:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/275383\/"},"modified":"2025-11-21T12:32:14","modified_gmt":"2025-11-21T12:32:14","slug":"will-bitcoin-fall-below-80k-today-as-crypto-bulls-see-1-7b-liquidations","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/275383\/","title":{"rendered":"Will Bitcoin Fall Below $80K Today as Crypto Bulls See $1.7B Liquidations"},"content":{"rendered":"

Bitcoin extended its November collapse on Friday, sliding below $85,000 for the first time since April as a cascade of leveraged liquidations and collapsing sentiment deepened what is shaping up to be the worst monthly drawdown<\/a> since the 2022 crypto winter.<\/p>\n

BTC briefly touched $81,600 before stabilizing near $84,000, erasing its year-to-date gains and putting the market back into levels last seen before January\u2019s ETF boom.<\/p>\n

Across major tokens, the damage is spreading quickly. Ether dropped below $2,750, down almost 14% in the past week. Solana slid over 10% in 24 hours, while XRP, BNB and Cardano all posted declines between 8-15%. In total, majors have retraced 20-35% rom their November highs, with smaller caps faring far worse.<\/p>\n

The sell-off coincides with nearly $2 billion in liquidations over the past 24 hours, CoinGlass data show. Bitcoin accounted for $964 million of that total, followed by ether at $407 million and a broad wave of forced unwinds across altcoins.<\/p>\n

Roughly 396,000 traders were liquidated, with the single largest wipeout \u2014 a $36.7 million BTC position \u2014 occurring on Hyperliquid.<\/p>\n

\"(CoinGlass)\"<\/p>\n

(CoinGlass) <\/p>\n

Conditions outside crypto are doing little to help. Global stocks have posted their worst week in seven months as doubts over extended AI-driven valuations and the Federal Reserve\u2019s December rate-cut odds weigh on sentiment.<\/p>\n

The MSCI All Country World Index has fallen more than 3 percent this week, while U.S. tech shares remain under pressure. Treasuries caught a bid, a classic sign of capital fleeing risk.<\/p>\n

Crypto-specific flows continue to worsen. U.S.-listed bitcoin ETFs saw more than $900 million in net outflows on Thursday, their second-worst day since launching in early 2024. Open interest in perpetual futures has fallen 35% since October\u2019s peak near $94 billion, further reducing liquidity across the board.<\/p>\n

Retail sentiment is deteriorating just as quickly. The Crypto Fear & Greed Index fell to 11 on Monday \u2014 deep within \u201cextreme fear\u201d territory and its lowest reading since late 2022.<\/p>\n

Historically, such levels have preceded major swing lows, but with price now breaking multimonth support and institutional flows reversing, the market has yet to show any signs of stabilization.<\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin extended its November collapse on Friday, sliding below $85,000 for the first time since April as a…\n","protected":false},"author":2,"featured_media":275384,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[779,84,59,56,54,55],"class_list":["post-275383","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bitcoin","tag-business","tag-gb","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/275383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=275383"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/275383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/275384"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=275383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=275383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=275383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}