In November 2025, the cryptocurrency market suffered significant losses — Bitcoin fell by 17.67%, marking the worst monthly performance for the first cryptocurrency since 2018. Ethereum lost even more, ending November down 22.38% and closing the month in the “red zone” for the third consecutive time.
This is reported by Finway
Bitcoin Dynamics: Impact of November Events
For Bitcoin, November marked the fifth month with a negative outcome in its history. Throughout the month, the BTC price exhibited significant volatility: on November 21, the price dropped below $81,000, but by November 27, it had recovered to nearly $92,000. This occurred amid market expectations of a potential interest rate cut by the U.S. Federal Reserve.
At the time of writing, Bitcoin was trading at $86,516, according to TradingView.
Expert Assessments and Outlook
Amid high market volatility, industry leaders and analysts shared their forecasts regarding Bitcoin’s future movement:
- CEO of CryptoQuant Ki Young Ju believes that the bullish cycle for BTC ended after reaching a price of $100,000, and large holders of over 1000 BTC continue to sell their assets.
- At BlackRock, Bitcoin is viewed as a store of value.
- Tom Lee, co-founder of Fundstrat, predicts that by the end of 2025, the price of Bitcoin will exceed $100,000.
“Bitcoin ended November 2025 with a decline of 17.67%, continuing the negative trend from the previous month. This drop characterizes the month as the worst for the asset compared to previous years, particularly as in 2018 the negative value was even lower.”
Ethereum: Third Consecutive Month of Losses
Ethereum also showed a significant decline in November, dropping by 22.38%. This marks the third consecutive month that the second-largest cryptocurrency by market capitalization has closed in the negative. Historically, November has often been profitable for Ethereum, but this year’s result has changed that trend. At the time of preparing this material, the ETH price was $2841.
It is worth noting that despite the bearish dynamics, some institutional investors continue to increase their positions. For instance, the state of Texas recently invested $10 million in Bitcoin, and BitMine, the largest corporate holder of Ethereum, purchased 14,618 ETH for $44.3 million.