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Bitcoin slides nearly 30% from peak as crypto market cap erases US$1 trillion
Bitcoin drops about 30% from peak, wiping over US$1 trillion from crypto market cap amid risk-off climate.
As of 20 November 2025, Bitcoin has dropped almost 30% from its annual high above US $126,000, trading near US $92,783 and dragging the broader crypto market cap down by over US $1 trillion in recent weeks. At the same time Ethereum touched around US $3,042, sliding 0.28% amid risk-off sentiment tied to central-bank policy and elevated yields.
Analysts warn the correction may deepen if macro risk remains elevated.