Bitcoin touched an intraday high near $126,200 in early October.
By the end of November, it slipped under $85,000.
That is roughly a 32% drop in seven weeks.
So the weekend move was not happening in isolation.
What happened so far
On 30 November, BTC fell to about $90,838.
A quick drop like that tends to hit leveraged traders first. Liquidations crossed $539 million in a few hours.
Most of these were long positions that got forced out.
Spot Bitcoin ETFs also had a tough month.
Across the major issuers, November saw net outflows of around $3.5 billion. One of the heaviest monthly withdrawals since ETFs launched in early 2024.
So you had two pressures building together. Leverage unwinding. ETF money stepping back.
That mix pushed BTC into its weakest zone since April 2025.
Who is staying and who is stepping away
Short-term traders who chased the October run are clearing out. Liquidations show they did not exit by choice.
ETF outflows tell you that a part of the traditional investor base is reducing exposure, too.
Many came in through ETFs during the strong 2024 to 2025 run and are now trimming positions after a long stretch of gains.
But long-term holders look steady.
Wallets linked to older supply are still quiet.
Listed mining companies received analyst upgrades due to stronger balance sheets.
So the core network participants do not look shaken.
Why January keeps coming up
Traders love patterns.
January is a month when Bitcoin often sees strong moves.
It does not promise a rebound.
It only tells you that January is rarely quiet and sometimes marks a shift in positioning when fresh capital enters after year-end.
This drop feels heavy because the numbers are large.
But Bitcoin has had many 30% pullbacks inside bigger trends.
This one comes with more players, more products, and faster flows.
So the swings show up everywhere at once.
For now, the useful work is simple.
Look at your risk.
Look at your plans.
And decide what still makes sense, even if the next candle is not the one you want.
Here are five questions that can help you answer that for yourself:
Does your current crypto exposure still match how you actually feel during drops like this?
Are there any positions that grew too large in your portfolio and need trimming?
Do you have enough cash or stable assets to handle more volatility without panic selling?
Is your time horizon clear, or are you reacting to every short-term move without a plan?
Are you tracking flows, liquidity, and broader sentiment instead of staring only at the price tick?
Always DYOR before investing.
Bitcoin and Ethereum started the week on a downtrend, as the sell-off in the crypto market resumed. In the past week, BTC pushed slightly above $91K before it settled below $90K level. ETH followed a similar trajectory, sliding from $3,030 to $2,820 before stabilising as dip-buyers gradually stepped in. Among altcoins, KAS, QNT, and SKY led weekly gains.
Weekly price movement:
BTC $86,670 ⏫ 0.84% (1W)
ETH $2,843 ⏫ 1.52% (1W)
KAS $0.05 ⏫ 30% (1W)
QNT $94 ⏫ 22% (1W)
SKY $0.05 ⏫ 18% (1W)
(All data here as of 4:10 p.m., 1 December 2025)
Before we conclude, here’s a quick look at some important news from around the crypto world.
Ethereum developers are preparing for the network’s second upgrade of 2025 to go live on the blockchain’s mainnet on Wednesday. Fusaka, a blend of the names Fulu + Osaka, consists of two upgrades happening on Ethereum’s consensus and execution layers at the same time. The goal of the upgrade is to enable Ethereum to handle the large transaction throughput from the layer-2 chains that use the blockchain as their base layer, according to CoinDesk.
Crypto-focused venture capital investment reached $4.65 billion in the third quarter, the second-highest amount of activity since crypto exchange FTX collapsed in late 2022 and decimated venture bets on crypto. Galaxy Digital’s head of research, Alex Thorn, said in a report on Monday that Q3’s venture bets were a 290% quarter-on-quarter jump and the largest quarter since Q1, which saw $4.8 billion in investments, according to Cointelegraph.
That’s it for now. Thanks for sticking around.
See you later, folks! 👋