November keeps getting worse for Bitcoin and friends. On Nov. 18, Bitcoin (BTC) dropped below $90,000 after a death cross formation, and was trading at $89,426 before climbing back up. This was the lowest level it had dipped to since April.

The struggles are a sharp turnaround from the months of relentless rallying for the U.S. stock market since April.

The Coinbase premium gap fell to -$90, reflecting weakened institutional demand, rising sell pressure, and shifting Bitcoin market trends.

Currently, the Bitcoin price is trading at $93,794, semi-unchanged in the past 24 hours, with a $124 billion trading volume. It sits 1% below its 7-day high of $94,212 and 5% above its 7-day low of $89,188, with a market cap of $1.86 trillion, according to Bitcoin Magazine Pro data.

Bitcoin's value slid below the $95,000 mark this week, stirring a fresh wave of volatility across the cryptocurrency market. As investors grapple with

Futures prices for BTC are trading below spot prices, signaling "extreme fear," which can sometimes be read as a contrarian buy signal.

Bitcoin fell to its lowest level in six months Thursday afternoon, deeping its bear-market rout as long-term holders of the cryptocurrency stepped up their selling.

The Texas congressman, who sits on the House Budget Committee, has now accumulated up to $2.6 million in Bitcoin while in office, making him one of the most active digital-asset buyers in Congress in 2025.

Over the recent weekend, Bitcoin's value momentarily dipped to $93,000, intensifying concerns about the persistent fragility in the cryptocurrency market. Altho