The cryptocurrency market continues to decline sharply, with Bitcoin hitting a six-month low in trade in its third consecutive weekly loss.

Bitcoin slipped below the key $100,000 mark to under $95,000 on November 17, slipping as low as $92,971 intraday. Bitcoin’s all-time high was around $126,000 hit in October.

But Bitcoin is not the only crypto under pressure. Several altcoins and tokens have also fallen 20–30% from their 2025 highs.

Why Are Cryptocurrencies Falling?

There are a few key reasons behind the sell-off:

Heavy Selling by Investors

Over the last 40–45 days, nearly 850,000 Bitcoins have been sold. This is the highest selling pressure seen since January 2024.

Profit-Taking After the Bitcoin Halving

Bitcoin undergoes a “halving” every four years—2024 was the halving year.

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