Bitcoin has erased all of its 2025 gains and is on track for its worst monthly performance since 2022. Here's what experts say about the decline.

Now, as fears swirl of another $1 trillion bitcoin and crypto market sell-off, traders are scrambling to get ahead of the Federal Reserve after the delayed jobs data drastically reduced the possibility of a December interest rate cut—which had been expected to support risk assets like bitcoin.

Bitcoin has fallen to a seven-month low and ether to a four-month low. Cryptocurrencies have lost around $1.2 trillion worth of value in just six weeks.

Thursday saw a bizarre reversal of what had been a stellar stock rally. Traders left wondering what happened should look to the crypto market.

As Bitcoin’s market cap sheds over $1 trillion, analysts say “smart money” is quietly buying the dip — even as The Economist questions crypto’s resilience.

Bitcoin has been tumbling in recent weeks as investors have become increasingly concerned about high valuations in the stock market.

“Based on dealer inventory for BTC options on Deribit, also known as the gamma exposure levels, dealers will be accelerating a move lower until Bitcoin hits $80,000,” said Greg Magadini, director of derivatives at Amberdata. “At $80,000, dealers are long gamma once again forcing them to be BTC buyers at those prices.”

At a time when the November slump is testing every Bitcoin (BTC) trader's patience, one person has decided to take the plunge. Rich Dad Poor Dad author Robert Kiyosaki has revealed that he sold some of his Bitcoin.