Bitcoin Drops Below $92,000 as $600 Billion Crypto Rout Rattles Wall Street — 4‑Year Cycle Jitters Return (Nov. 17, 2025)
Byline: November 17, 2025
Key takeaways
- Bitcoin slipped under $92,000 on Monday, rekindling debate about a “four‑year cycle” and whether the market already topped for this run. [1]
- Roughly $600 billion in crypto market value has been erased from the recent peak, even after Wall Street’s embrace of digital assets. [2]
- U.S. stocks fell alongside crypto: the S&P 500, Dow and Nasdaq all declined, while Coinbase and Robinhood sank on Bitcoin’s slide. [3]
- Selling pressure is broadening as long‑term holders increase distributions and price makes a six‑month low. [4]
- Chart watchers flag rising downside risks, including a looming “death cross” and targets near $84,000 if support breaks. [5]
What happened today
Bitcoin (BTC) fell back…
