Bitcoin's 2025 gains have been wiped out
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November keeps getting worse for Bitcoin and friends. On Nov. 18, Bitcoin (BTC) dropped below $90,000 after a death cross formation, and was trading at $89,426 before climbing back up. This was the lowest level it had dipped to since April.
Bitcoin dropped below $92,000 on Monday for the first time in nearly seven months, as the popular cryptocurrency erased all of its gains for 2025.
Bloomberg's World Interest Rate Probability measure now puts the probability of a reduction at less than 50%, although interest-rate strategists at Goldman Sachs and Bank of America say economic data delayed by the US government shutdown will revive the case for action.
Bitcoin’s modest rebound after its drop from $89,000 lifted several crypto-exposed stocks, despite broader market uncertainty.
For context, bitcoin has only seen a negative annual return three times since 2010: To veteran macro investor Jordi Visser, the sideways trading of recent months signals maturation of an asset class.
It’s taken less than two weeks for a rare euro-denominated preferred stock offering by Michael Saylor’s Bitcoin treasury company to fall below its already-discounted offer price.
Sophisticated crypto scams are on the rise. But few of them go to the lengths one bitcoin mining executive experienced earlier this year.
Escaping zipties, hiring bodyguards and other practical lessons in self-defense for crypto traders, after a series of gruesome crimes spooked the community.
The asset once expected to “go to the moon” is struggling to keep pace with Treasuries. Bitcoin has fallen nearly 30% from its 2025 peak, lagging behind everything from tech stocks to T-bills.