{"id":48939,"date":"2025-11-17T15:27:36","date_gmt":"2025-11-17T20:27:36","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=48939"},"modified":"2025-11-17T15:27:40","modified_gmt":"2025-11-17T20:27:40","slug":"bitcoin-price-continues-fall-to-910000","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-continues-fall-to-910000","title":{"rendered":"Bitcoin Price Freefalls Down to $91,0000\u00a0and New Lows"},"content":{"rendered":"
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Bitcoin price has tumbled<\/a> to its lowest level in six months, trading from below $92,000 to the $95,000s range today, only less than six weeks from hitting a record highs<\/a> near $126,000 in early October. <\/p>\n\n\n\n

The roughly 30% decline comes as traders grapple with renewed uncertainty over whether the Federal Reserve will cut<\/a> interest rates at its December meeting. <\/p>\n\n\n\n

At the time of publishing, the lowest Bitcoin price recorded today was $91,158, per Bitcoin Magazine data.<\/p>\n\n\n\n

Missing economic data from last month\u2019s 43-day government shutdown has left policymakers in a cautious stance, with Fed Chair Jerome Powell noting that \u201ca further reduction in the policy rate\u2026is not a foregone conclusion.\u201d <\/p>\n\n\n\n

Boston Fed President Susan Collins echoed<\/a> the sentiment, suggesting it may be \u201cappropriate to keep policy rates at the current level for some time\u201d to balance inflation and employment risks.<\/p>\n\n\n\n

Analysts say a sharp shift in market sentiment is driving the latest crypto downturn. Henry Allen of Deutsche Bank warned<\/a> that investors shouldn\u2019t \u201cunderestimate the impact\u201d of the Fed\u2019s increasingly hawkish stance, which has often lined up with broad market sell-offs. <\/p>\n\n\n\n

Big institutions are pulling back too: crypto ETFs saw $1.8 billion in outflows last week, including a hefty $870 million pulled from Bitcoin products on Thursday alone.<\/p>\n\n\n\n

Bitcoin price is also losing steam as excitement over Donald Trump\u2019s pro-crypto agenda fades. The massive November 2024 rally \u2014 driven by hopes for friendly regulation and even a proposed Bitcoin treasury \u2014 reversed after Trump floated 100% tariffs on Chinese imports. <\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

That shock triggered one of the largest liquidation events<\/a> in crypto history, erasing about half a trillion dollars in hours and leaving major assets struggling to regain momentum.<\/p>\n\n\n\n

Technical indicators aren\u2019t helping sentiment. Bitcoin price flashed<\/a> a \u201cdeath cross\u201d on Sunday, a bearish chart pattern where short-term averages slip below long-term trends. Still, analysts like Benjamin Cowen note<\/a> that past death crosses often appeared near market bottoms, hinting a rebound may not be far off.<\/p>\n\n\n\n

Altcoins are sliding alongside the Bitcoin price. Ethereum dropped below $3,000 today and Solana each dropped roughly a third since early October, feeding into a broader $1 trillion wipeout across the crypto market.\u00a0<\/p>\n\n\n\n

The market\u2019s next key catalyst will likely be the Federal Open Market Committee\u2019s December rate decision, which could determine whether Bitcoin price sees further losses or a potential \u201cSanta rally\u201d in the coming weeks.<\/p>\n\n\n\n

Bitcoin price and crypto stocks continue slumping<\/h2>\n\n\n\n

Crypto-linked stocks are facing significant losses amid broader market turbulence and declining cryptocurrency prices. At the time of writing, Coinbase Global Inc (NASDAQ:\u202fCOIN) is trading at $260.26 USD, down $23.74 (\u20118.36%) today, reflecting reduced trading activity and lower fee revenue as the Bitcoin price struggles.\u00a0<\/p>\n\n\n\n

Strategy Inc Class A (NASDAQ:\u202fMSTR) sits at $191.59 USD, down $8.16 (\u20114.09%), showing strong correlation with Bitcoin\u2019s recent pullback. Miners are also under pressure, with MARA Holdings Inc (NASDAQ:\u202fMARA) down $0.85 (\u20117.10%) at $11.14 USD and Riot Platforms Inc (NASDAQ:\u202fRIOT) down $0.49 (\u20113.55%) at $13.46 USD.<\/p>\n\n\n\n

Strategy recently made<\/a> its largest Bitcoin purchase since mid-summer, acquiring 8,178 BTC last week for approximately $835.6 million. According to an SEC filing and a post by Michael Saylor on X, the purchases were made at an average price of $102,171 per bitcoin. This brings the company\u2019s total holdings to 649,870 BTC, with a cumulative cost of roughly $48.37 billion and an average price of $74,433 per coin. Strategy reports that its Bitcoin yield has reached 27.8% year-to-date.<\/p>\n\n\n\n

At the time of the announcement, Bitcoin price was trading near $94,000, while Strategy\u2019s stock ($MSTR) was down about 2% in premarket trading, at $195.86. The recent acquisition was primarily funded through the issuance of preferred stock. <\/p>\n\n\n\n

Earlier this month, the company raised around $715 million via its new euro-denominated preferred series, STRE (\u201cSteam\u201d), which was aimed at expanding its high-yield offerings to European investors. This move highlights Strategy\u2019s continued commitment to building its Bitcoin exposure while leveraging financial instruments to support large-scale purchases.
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Bitcoin price has fallen nearly 30% from its early October peak near $126,000, trading in the $92,000\u2013$95,000 range as investors weigh Fed uncertainty and missing economic data.<\/p>\n","protected":false},"author":3817,"featured_media":48940,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":{"0":"post-48939","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets"},"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Bitcoin-Price-Continues-Freefall-Down-to-910000-.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/48939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=48939"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/48939\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/48940"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=48939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=48939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=48939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}