Bitcoin fell below $94,000 on Monday, extending a month-long slide that has erased its gains for the year and solidified its entry into a bear market.
The world's largest cryptocurrency, which set an all-time high of $126,251 in early October, has shed more than 20% since then as risk assets face broad pressure. Heavy outflows from Bitcoin-focused ETFs, coupled with broader risk-off sentiment, have added to downward momentum.
According to recent data, long-term Bitcoin holders have sold aggressively, and U.S. spot ETFs saw nearly $869 million in redemptions, triggering additional forced liquidations.
Ethereum has not been spared: the second-largest crypto has plunged sharply, with ETH falling below $3,100 in recent sessions.
The pain has been compounded by over $438 million in outflows from Ethereum investment products. Market-making liquidity for ETH remains structurally weak after October's crash, which analysts say could leave the network more vulnerable to future swings.
Litecoin is also under siege, dragged lower by broader market deleveraging and ETF weakness. While not bearing as much volume as BTC or ETH, LTC's drop reflects wider investor caution and thinning liquidity.
Overall, the crypto market is experiencing a deep liquidity crunch, with more than $1 trillion wiped from total market capitalization since early October. The combination of massive ETF outflows, long-liquidations, and fading macro risk appetite has created a fragile trading environment — one that could continue to pressure major digital assets unless fresh capital returns.
Bitcoin 2025 Monthly Closing Prices (from StatMuse)
Here are the monthly closing prices for Bitcoin in 2025
| Month | Closing Price (USD) |
|---|---|
| Jan 2025 | $102,405 |
| Feb 2025 | $84,373 |
| Mar 2025 | $82,548 |
| Apr 2025 | $94,207 |
| May 2025 | $104,638 |
| Jun 2025 | $107,135 |
| Jul 2025 | $115,758 |
| Aug 2025 | $108,237 |
| Sep 2025 | $114,056 |
| Oct 2025 | $109,556 |
| Nov 2025 | ~$94,398 |
