Bitcoin crashes lowest since April 2025; why is crypto price falling? — TradingView News
Bitcoin price dipped as low as $85,422 on November 21, as of 9:00 a.m. The price continues to hover just above $85,000 levels dampened by hopes for another US rate cut in December. That’s a significant fluctuation of almost 8 percent in the last 24 hours, and the lowest since April when it declined just below $75,000.
“The crypto market is consolidating with Bitcoin trading near $86,500 as macroeconomic uncertainty increases in the US. The September jobs data showed a higher-than-expected unemployment rate at 4.4 percent, influencing the rate cut decision. At the same time, the absence of October data has created an information gap, prompting traders to turn cautious. Additionally, a Bitcoin whale selling 11,000 BTC has also impacted…
