Bitcoin Experiences Record November Plunge, Losing Over $800 Billion

Bitcoin witnessed its worst November performance since 2018, with a staggering market value decline of over $800 billion. The cryptocurrency’s value plummeted by more than 25% this month, reaching levels not seen since April 2025, wiping out much of the gains achieved earlier in 2025. This steep downturn is being attributed to broader market volatility and increased expectations for a rate cut from the Federal Reserve (Fed). Notably, S&P 500 and NASDAQ have also suffered their worst November in over two decades, indicating that the impact of market turbulence extends beyond Bitcoin.