Quick Highlights
Data shows Europe caused most of the heavy BTC selling in November.
Strategy (the company) bought 10,624 BTC, now holding 660,600 BTC total.
Overall market has recovered slightly, but liquidity is still weak before the U.S. Federal Reserve decision this Wednesday.
Market Overview
Bitcoin traded around $90,400 on Tuesday after the crypto market stabilized from one of the worst Novembers since 2018.
BTC rose 1%, ETH added 0.2%, according to CoinGecko.
Major altcoins:
BNB: +1%
SOL: –0.6%
XRP: slightly down
ETH, ADA, SOL, and many large caps stayed steady.
Liquidity remains low because traders are waiting for the Federal Reserve’s interest rate decision.
Europe Led the Big November Selloff
New timezone-based data from Presto Research showed that Europe was the main source of the month’s selling pressure.
BTC and ETH dropped 20–25% in November
Asia and U.S. sessions were flat
European session returns were strongly negative
This means most panic selling came from European trading hours.
Strategy Company Makes a Huge BTC Purchase
Strategy (a major BTC-holding company) made its largest Bitcoin purchase in over 3 months:
Bought 10,624 BTC
Value: $963 million
Total holdings: 660,600 BTC
Worth about $60 billion at current prices
The purchase was funded mostly by issuing new company shares.
However, Strategy’s stock price is around $180, down 50% in the past 6 months because of concerns it may be removed from important MSCI indexes.
Macro Sentiment: Still Weak
Asian stock markets dropped as investors waited for the Fed’s rate cut announcement.
Global bond yields are still high, putting pressure on risky assets like crypto.
CryptoQuant’s Bull Score fell to 0, for the first time since January 2022.
Most BTC on-chain indicators look bearish, due to lack of new liquidity.
Medium-Term Hope: U.S. 401(k) Rule Changes
A potential catalyst is coming in early 2026:
new U.S. retirement account (401k) rules may allow Bitcoin exposure, unlocking trillions in savings.
This could bring large long-term demand.
BTC Price Levels to Watch
Bitcoin is now near $90,300.
Traders are watching:
