Archive · 21 Nov 2025
Bitcoin Price Drops Below $87,000 Amid Market Uncertainty
Bitcoin, the most famous cryptocurrency, went down to less than $87,000.
This happened because big investors are selling a lot of it.
This selling started in October and has been happening for over a month now.
People are worried about what the US government will do with interest rates, which is making them less likely to take risks, including investing in crypto.
Bitcoin price dropped below $87,000 for the first time since April
Market extended a month-long retreat, with heavy selling by whales
Bitcoin's price decline can't be separated from October's liquidation cascade
Options traders eyeing $85,000 threshold for downside protection
Crypto market purge continues due to fading retail demand and leverage unwinding
- Who
- Bitcoin, the largest cryptocurrency
- What
- dropped below $87,000
- When
- November 2021
- Where
- Global cryptocurrency market
- Why
- Due to heavy selling by whales, lingering positioning from October's record run-up, and uncertainty over US Federal Reserve's policy
Bearish View
Neutral/Bullish View
Bitcoin's Price Movement
Bearish View
Bitcoin's price drop is a sign of market uncertainty and a potential trend reversal
Neutral/Bullish View
Bitcoin's price drop is a temporary setback, and the long-term trend remains uncertain but could still be bullish
- Lowest Price
- < $87,000
- Market Capitalization
- Not explicitly stated
- Total Selling by Whales Since September
- > $20 billion
