Bitcoin Slides Below $95,000 Amid Broad Crypto Market Weakness and Institutional Accumulation
On November 14, 2025, Bitcoin (BTC) fell below $95,000, marking its worst weekly decline in eight months with a roughly 9% loss since March. Other major cryptocurrencies also experienced significant drops, with Ethereum (ETH) falling more than 11%, reaching around $3,213, dipping below $3,200, and Solana (SOL) declining about 15%, trading near $142. XRP dipped about 1%, partly supported by the launch of its first U.S. spot ETF from Canary Capital. Most major crypto sectors including NFTs, Layer 1s, DeFi, CeFi, and Meme tokens fell between 2% and 7%. Despite this, certain tokens such as STRK, MOG, and TEL showed pockets of strength.
Crypto equities were mixed; MicroStrategy (MSTR) dropped approximately 4% to below $200, while miners BMNR, CLSK, MARA, and HIVE declined by 4–7%. In contrast, Hut 8 rose by about 6%, and Robinhood (HOOD) and Riot Platforms (RIOT) increased roughly 3%.
The recent sell-off is attributed to an "information vacuum" caused by a U.S. government shutdown that delayed key inflation and jobs data. Although the shutdown ended, government funding was only secured through January 30, 2026, maintaining high uncertainty. Ledn CIO John Glover indicated that a breakdown below the near-$100,000 level opens the way for BTC to test its next major support around $84,000, framing the situation as part of an ongoing bear market.
Macro liquidity conditions remain the primary market driver, with expectations of Federal Reserve rate cuts later in the first quarter of 2026. Potential balance-sheet easing or liquidity injections could improve market sentiment and offer support for BTC.
Despite weak retail sentiment, institutional on-chain flow data indicates accumulation activity. Anchorage Digital reportedly received 4,094 BTC (approximately $405 million) in the past nine hours from major players including Coinbase, Cumberland, Galaxy Digital, and Wintermute, suggesting institutions may be positioning strategically amid market weakness.
