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Bitcoin Price Sits Down Over 30% From All-Time Highs As Market Waits For Next Catalyst

November 26, 2025
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The Bitcoin price has fallen over 30% since October, dropping another 1% overnight to around $87,000 amid a nearly two-month drawdown.

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Bitcoin price is down more than 30% from its October record and continues to leak lower, slipping another 1% overnight to trade near $87,000 this morning. It’s the latest episode of a near two-month-long drawdown that has caught traders off guard. 

And while the selling has slowed, the mood across markets remains fragile.

The move reflects a global risk-off tone. S&P 500 futures were slightly red after a strong rebound yesterday. Asia traded mixed. Europe opened flat-to-lower. The bitcoin price followed suit, behaving more like a high-beta tech asset than a macro hedge — a correlation that has only strengthened in recent weeks.

Read more here.

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The Manhattan is a new media outlet combatting the Leftist narrative in NYC. We love The Big Apple, we want it to succeed and prosper and are committed to revealing how flawed ‘progressive’ policy is ruinous. As crime spikes, the homeless crisis balloons, schools continue to degrade, and quality of life plummets, we’re determined to help effectuate change. The Manhattan will fearlessly chronicle the problems and try to offer solutions. We won’t shy away from issues, we will lean into them.
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