Why Did BTC Prices Fall in November?

2025-11-17

Mengapa Harga BTC Turun Bulan November Ini

Bitcoin (BTC) prices in November 2025 fell quite sharply, causing many investors to frown. After reaching around US$126,000 in early October, BTC corrected by more than 20 percent and fell below the US$95,000 mark in mid-November.

Technically, this falls into the category of a sharp short-term correction. So, why did the price of BTC fall this November?

Read also: JPMorgan Increases Bitcoin ETF Holdings, Institutional Investors Return

Bitcoin Price Movement from October to November 2025

To answer the question “why did the price of BTC fall this November,” we first need to look at the price movement.

Some important points:

  • Early October 2025: BTC broke a new record of around US$126,000, supported by large inflows into crypto ETFs.
  • Late October: the market began to falter after hawkish comments from central banks and global economic concerns.
  • Early to mid-November: BTC prices repeatedly failed to hold above the psychological level of $100,000 and eventually slipped to the $94,000–96,000 range.

Simply put, the pattern was as follows:

  1. Strong rally first
    • Prices rose significantly throughout 2025.
    • Many investors were already in a position of significant profit.
  2. Negative macroeconomic and policy triggers emerged
    • Hopes for rapid interest rate cuts faded.
    • Investors began to reduce risk across all risky assets, not just crypto.
  3. Selling pressure broke through the psychological level
    • The breach of the $100,000 range triggered stop losses and additional panic.
  4. The correction spread across the entire crypto market
    • Altcoins fell deeper than BTC.
    • The total crypto market capitalization has shrunk significantly compared to its October peak.

Mengapa Harga BTC Turun Bulan November Ini

This overview is important so that we realize: the November decline is not a single event and it is not “Bitcoin broken,” but part of the price cycle after a fairly long phase of euphoria.

Read also: Who Holds the Most Bitcoin? Check the Full List!

Key Factors Behind BTC's Price Drop in November

Now we get to the heart of the matter: what factors drove this decline.

Macroeconomic pressures and Fed policy

Some key points:

  • Inflation is not fully under control

    Core inflation in the US remains relatively high, so the Federal Reserve is not yet comfortable with aggressively cutting interest rates.

  • Expectations for interest rate cuts have diminished

    Previously, the market was almost certain that there would be further interest rate cuts at the end of the year. Following cautious statements from Fed officials, that probability has fallen dramatically. This has caused investors to reassess the risks in assets such as crypto.

  • Bond yields and the dollar are strengthening

    High interest rates mean that US government bonds offer attractive yields. Investors tend to move funds from risky assets to assets that are considered safer.

  • Government shutdown and delayed economic data

    The temporary shutdown of the U.S. government delayed the release of important data, leaving the market operating in a state of “half-blindness.” Many players chose to hold back and reduce risk.

In practical terms, this kind of environment usually has the following effects:

  • risk appetite declines
  • demand for BTC weakens
  • any negative news is more likely to trigger panic selling

Large holder sell-offs, ETF outflows, and leverage liquidations

Beyond macro factors, the crypto market's “kitchen” is also heating up.

Some key dynamics:

  1. Long-term holder profit-taking
    • Following a significant rally since the start of the year, on-chain data shows increased selling activity from wallets holding BTC for extended periods.
    • They are locking in profits before conditions become more uncertain.
  2. Outflows from Bitcoin ETFs
    • After previously absorbing a lot of funds, Bitcoin ETFs began to record large net outflows in early to mid-November.
    • When investors redeem ETF units, fund managers must sell BTC on the market, adding to selling pressure.
  3. Leveraged position liquidations
    • When the price of BTC fell below the support level, many leveraged long positions were automatically liquidated.
    • In one episode of decline, the liquidation value in the crypto market could reach more than $1 billion in 24 hours.
    • The effect is like dominoes: one wave of liquidation pushes prices down, triggering the next wave.
  4. Order book liquidity is thinning
    • Order book depth is decreasing as market makers become more cautious.
    • As a result, large sell orders cause prices to jump down further.

The combination of profit taking, ETF outflows, and leveraged liquidations is the big answer to the question “why did BTC prices fall this November”.

Read also: Bitcoin (BTC) Prices Strengthen After Fed Speech: Will the Bullish Trend Continue?

Extreme fear sentiment and the altcoin effect

The final factor is market psychology.

  • Crypto Fear and Greed Index falls into Extreme Fear zone

    Some data providers show figures around 10–14, indicating the market is at an extremely high level of fear.

  • Media narratives lean negative

    Many headlines highlight “crypto crash” or “market capitulation,” amplifying retail investors' concerns.

  • Altcoins fall deeper

    As BTC declines, altcoins like ETH, SOL, and others generally experience sharper corrections. This erodes confidence and forces some investors to sell BTC to cover altcoin losses.

In this kind of atmosphere, the patterns that often emerge are:

  • retail investors panic and sell below their purchase price
  • large investors are more selective, with some even starting to accumulate at discounted prices.

Read also: Today's BTC & ETH Prices (IDR): Important Levels for Traders and What Happened?

How to Respond to BTC Corrections and the Importance of Choosing a Secure Platform

Sharp declines are uncomfortable, but they can be learning opportunities. Here are some things you can do:

  • Reevaluate your time horizon

    If you have a long-term view, corrections like this are nothing new in Bitcoin's history.

  • Strengthen risk management

    Avoid excessive leverage, use realistic position sizes, and be prepared for the possibility that prices won't always go up.

  • Focus on data, not drama

    Observe macro factors, ETF fund flows, and sentiment, not just random opinions on social media.

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A quick look at safer trading on Bittime

When the market is volatile, choosing a legal and secure platform is important. In Indonesia, Bittime is a crypto asset trading platform that is registered and supervised by the OJK, and was previously also regulated by Bappebti.

Bittime also mentions information security standard certifications such as ISO 27001 and 27017 on its official website.

If you want to start or reorganize your portfolio, you can:

  1. register and verify your identity
  2. deposit a small amount
  3. learn to buy BTC or other assets gradually, while understanding the risks

Keep in mind: cryptocurrency is a high-risk asset. Do your own research and don't use your essential funds.

Read also: BTC ATH 2025: Is $126,000 the Peak of the Cycle?

Lessons for Investors from the Fall in BTC Prices This November

The November 2025 correction offers some practical lessons:

  1. BTC prices are highly sensitive to interest rate policy

    As expectations of interest rate cuts fade, risk appetite across all markets declines, including crypto.

  2. ETFs are a double-edged sword
    • During inflows, prices rise rapidly.
    • During outflows, selling pressure can also be significant due to concentrated selling volume in ETF products.
  3. Leverage requires extreme caution

    A “mere” 10–15 percent decline can turn into a disaster for accounts using high leverage.

  4. Extreme sentiment often emerges near key points

    The Fear and Greed Index at very low levels indicates significant fear. History often shows this phase approaches the end of a downtrend, though it does not guarantee an immediate price reversal.

  5. Diversification and discipline are more important than accurate predictions

    No one can accurately predict price peaks and bottoms every time. What can be controlled is how to manage risk and behavior when the market panics.

By understanding the above factors, investors no longer just ask “why did BTC prices fall this November,” but begin to ask “how should I respond to this in a calmer and more measured way.”

Read also: Bitcoin Price Prediction Q4 2025: Analysis and Outlook

Conclusion

The decline in BTC prices in November 2025 is the result of many factors: macroeconomic pressures, central bank caution, ETF outflows, large holder sell-offs, leverage liquidations, and extreme fear in the market.

In the short term, all of this does put pressure on prices and investor psychology. However, such corrections have frequently occurred in Bitcoin's history. What distinguishes the final outcome is how investors manage risk, choose secure platforms, and maintain rational emotions.

Understanding the context allows us to not only panic when prices fall, but to see it as part of a normal cycle in a highly volatile asset such as BTC.

How to Buy Crypto on Bittime

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Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

FAQ

Does the November 2025 BTC decline mean the bull run is over?

Not necessarily. Corrections of more than 20 percent often occur in the midst of longer uptrends. It is necessary to look again at macro data and future price structures.

Is the Fed the main cause of the BTC price decline?

The Fed's interest rate policy is a major factor, but not the only one. ETF outflows, profit taking, and leverage liquidation also play a role.

Why is the $100,000 level so important for BTC?

It's a psychological level that many traders use as a support benchmark. When it breaks, many stop losses and long positions are triggered, causing the decline to become even sharper.

Is this the right time to buy BTC?

That really depends on each individual's risk profile and time horizon. Major corrections often present opportunities, but you still need to do your own research and manage risk.

Is it safe to keep BTC on an exchange when the market is panicking?

Use a legal and regulated exchange, enable security features, and for the long term, consider a private wallet as well. No system is risk-free.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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