The price of Bitcoin slipped as low as $88,609 on November 20 (1:45 a.m.) that erased more than 27 percent of its value. It recovered quickly just above $92,484 as of 7:09 a.m.
Mike McGlone of Bloomberg’s market intelligence was cited as saying that the setup looked like "classic peak bull-market stuff," and Bitcoin sees technical pressure building as the 200-day moving average turns lower.
The price of the largest cryptocurrency fell as low as $89,426 on November 18. Bloomberg reported that the shift in sentiment has been swift and sharp, and that the crypto’s price sliding to $90,000, $85,000 and $80,000 levels have increased.
Today’s fall is the lowest since April 2025, when it declined just below $75,000. A month ago, Bitcoin peaked to a record high of $1,26,00.
Other major cryptocurrencies followed the pattern, with Ethereum’s price hit by 7.92 percent, XRP by 10.5 percent, Binance Coin at 6.61 percent, and Solana fell around 7.80 percent—and recovered quickly.
Check out below to see prices of top 10 cryptocurrencies.
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