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📉 Current Price & Market Position
The price of Bitcoin has recently fallen to around US $93,000.
The drop has erased all of Bitcoin’s gains for 2025 so far — meaning it’s now essentially flat or slightly negative for the year.
From its recent peak (which was over US $126,000 in early October) the decline is roughly 25-30%.
🔍 What’s Driving the Drop
Several key factors are contributing:
Macro / monetary policy pressure
Expectations that the Federal Reserve might not cut rates soon are weighing on risk assets, including crypto.
The strength of the U.S. dollar and rising yields make speculative assets like Bitcoin less attractive.
Market liquidity & inflows stalling
Spot-Bitcoin ETFs and other institutional flows appear to be weakening or even reversing. This reduces the “fresh money” supporting Bitcoin.
With fewer buyers and more sellers (or profit takers), the price has less support.
Sentiment shift / technical breakdown
Bitcoin slipped through key support levels (e.g., US $98,000+) and broke lower, which triggers more selling (stop losses, forced liquidations) and heightens panic.
Some analysts suggest we may be entering a corrective phase, not just a short dip.
New investment products & structural shifts
For example: Singapore Exchange (SGX) announced it will launch perpetual futures on Bitcoin and Ethereum for institutional/accredited investors starting November 24.
While this is a positive sign for infrastructure and maturity of the market, it also changes the dynamics (leverage, institutional flows, derivatives) which can amplify volatility.
📌 What to Watch Next
Here are key levels and events to keep an eye on:
Support zone around US $90,000–$94,000: The price is hovering near this area; if it breaks lower, further downside becomes more probable.
Resistance around US $100,000 and above: Recovery will likely need a move beyond this region to establish confidence again.
