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Bitcoin Price Plunges Over 33% From October High Amid US Economic Uncertainty

Crypto

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Published on 21st November 2025, 4:34 AM

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Author

Aditi Singh | Whalesbook News Team

Overview

Bitcoin's price has fallen more than 33% from its October peak, dropping as low as $85,422 on November 21. This significant drop, including an 8% decline in 24 hours, is attributed to increasing US macroeconomic uncertainty, dampened hopes for a December rate cut, and the sale of 11,000 BTC by a large holder. Other major cryptocurrencies like Ethereum and XRP also experienced sharp declines.