In late November 2025, the crypto market is experiencing a rout that has sent Bitcoin to its worst monthly slump since 2022. This downturn is linked to a wider flight from riskier assets, with some analysts noting a connection between crypto and big tech market movements. Despite the market volatility, several projects and institutions are moving forward with developments.
Market conditions and factors
Wider market downturn: Riskier assets, including crypto, are experiencing significant declines, with Bitcoin falling to a seven-month low and nearing year-to-date lows.$BTC
Correlation with tech stocks: Some analysts note that the selling pressure in crypto is related to losses in big tech, creating a "violent cycle to the downside".
Federal Reserve and macro concerns: Mixed signals from the Federal Reserve regarding future interest rate cuts and government shutdown fears have dampened risk appetite.
ETF outflows and profit-taking: Despite large ETF inflows earlier in the year, recent significant outflows and ongoing tech profit-taking are contributing to the market correction.
Key news and developments
Bitcoin slump: Bitcoin has experienced its worst monthly slump since 2022, and its price tumbled below $90,000 to a seven-month low. Some analysts believe a key test for its future lies 18 months ahead.
CoinDCX crisis: The Indian crypto unicorn CoinDCX is facing a crisis following a $44 million hack and senior-level departures.
Project developments:#BTCVolatility #CPIWatch $BTC
Mutuum Finance: The DeFi project has moved into Phase 2 development and is currently undergoing a security audit by Halborn Security.
Blazpay: The DeFi hub, which uses AI-driven automation, is continuing its presale as it nears the end of its Phase 4.
Bitcoin Munari: This new project has opened its public presale at $0.10 per token and plans to deploy on Solana in early 2026.
Exchange delisting: Binance Futures will delist the USDⓈ-M PORT3USDT perpetual contract on November 23.
VanEck concern: VanEck CEO has voiced concerns about Bitcoin's encryption and privacy, suggesting the firm might walk away unless quantum-resistant privacy is adopted.
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UK fraud office investigation: The UK fraud office is probing a $28 million cryptocurrency collapse tied to Basis Markets.
