Bitcoin Drops Below $86,000: Panic Selling Deepens and Altcoin Market Suffers

Bitcoin experienced a significant downturn on November 21st, falling below the $86,000 mark as selling pressure intensified. This recent slump marks one of the steepest corrections seen throughout the cryptocurrency market’s history. As per TradingView data, Bitcoin broke through its support level and accelerated downward while equities and metals rallied to new highs. This divergence further fueled market frustration, creating a stark contrast between traditional markets and the crypto space.