Bitcoin slips under $87,000 as crypto market stumbles

Business Nov 21, 2025

Bitcoin just dropped below $87,000 for the first time since April—a sharp fall after a record run-up in October.
The whole crypto scene is feeling the pressure, with fewer new investors jumping in and lots of ups and downs shaking confidence.

Big sellers and market jitters drive the drop

Major holders (aka "whales") have sold off over $20 billion in Bitcoin since September, adding to the slide. A wave of forced sell-offs in October made things worse by draining liquidity.
Now, options traders are scrambling for protection around the $85,000 mark.
Meanwhile, stock market swings—especially around AI stocks—and uncertainty about Fed rate moves are making things even trickier for crypto right now.