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This story was originally published on HackerNoon at: https://hackernoon.com/bitcoins-november-2025-bloodbath-dissecting-the-perfect-storm-behind-the-$42000-crash.
Bitcoin has experienced one of its most dramatic corrections in recent history, plummeting over 33% from its October peak of $126,000.
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This story was written by: @sergey-baloyan. Learn more about this writer by checking @sergey-baloyan's about page, and for more stories, please visit hackernoon.com.
Bitcoin has experienced one of its most dramatic corrections in recent history, plummeting over 33% from its October peak of $126,000 to around $84,000 by November 21, 2025. This crash has wiped out all of Bitcoin's 2025 gains and represents a confluence of multiple bearish factors creating a perfect storm in the cryptocurrency markets.

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