Crypto News — 2025-11-21

News Summary: The crypto market has experienced a panic sell-off, with 228,966 traders liquidated in the past 24 hours; short-term Bitcoin whales face $21.5 billion in unrealized losses, with prices approaching the "maximum pain" range of $73,000-$84,000. The U.S. is actively promoting a Bitcoin strategic reserve, with a potential scale of $2 trillion, and bullish sentiment among large institutions continues to grow.

🔥 Three Major Highlights

1️⃣ Panic in the crypto market, $411 million liquidated, long positions suffering huge losses.

2️⃣ Bitcoin whales lost $21.5 billion, prices dropped to $73,000-$84,000, panic sentiment spreading.

3️⃣ Nasdaq down 2.2%, concerns over tech stock sell-offs; Microsoft invests $3 billion in AI, optimistic demand for stablecoins.