Bitcoin has fallen below $96,000 for the first time in more than 6 months.
- The price of Bitcoin fell below $96,000.
- This is the minimum since May 2025.
- The asset later recovered to $97,000.
- This led to an increase in the volume of liquidations above $1 billion.
On the night of November 14, 2025, the price of Bitcoin briefly fell below $96,000. This was the lowest level since May 2025. The price of the leading cryptocurrency subsequently recovered to $97,000.
BTC/USDT chart on Binance. Source: TradingView.
All the top 10 assets by market capitalization also declined, but their decline was only slightly deeper than Bitcoin's. Some assets declined less than Bitcoin.
Top 10 crypto assets by market capitalization. Source: CoinMarketCap.
Amid the correction, Bitcoin's market dominance initially increased, reaching around 60.2%. However, by the morning, it had dropped to 59.7%.
Bitcoin Dominance Chart. Source: TradingView.
On November 13, the Fear and Greed Index dropped to 15 points, entering the “extreme fear” zone. The last time such low readings were observed was in March 2025.
Changes in the Fear and Greed Index in the Crypto Market. Source: Alternative.
It's worth noting that, amid the crypto market collapse, the volume of liquidations on futures contracts on the crypto market also increased, reaching $1.1 billion per day, according to CoinGlass.
Liquidations volume for futures contracts in the cryptoasset market. Infographic: Incrypted.
The crypto market crash comes amid US Defense Secretary Pete Gegset's announcement of a large-scale military operation in Venezuela aimed at combating drug trafficking.
As a reminder, the Incrypted team previously gathered expert opinions on whether this is a typical correction within a bullish trend, or whether the market is on the verge of a prolonged downturn:
Source: cryptonews.net
