On 17 November 2025, Bitcoin briefly fell below $95,000, wiping out most of its 2025 gains and reflecting mounting weakness in the cryptocurrency market. Institutional flows remain subdued, with large-scale outflows from crypto funds and ETFs registering nearly $2 billion recently. Analysts pointed out that despite prior price highs above $126,000 in October, current sentiment is dominated by profit-taking, regulatory uncertainty and diminished retail engagement. Ethereum and other major altcoins also slid, exacerbating the pressure. Market watchers are now examining derivatives-funding rates and exchange on-chain indicators for signs of stabilization.