Bitcoin News Today: Bitcoin Drops $90K—Is This a Bear Market Pullback or a Prime Buying Chance?
- Bitcoin fell below $90,000 on Nov. 18, its lowest in seven months, driven by a death cross pattern and shifting macroeconomic expectations, erasing 2025 gains and triggering $1B in liquidations. - The selloff intensified as Fed rate-cut odds dropped to 42%, with ETF outflows reaching $2.8B, while altcoins like ICP and HYPE bucked the trend amid extreme market anxiety (fear/greed index at 11). - Analysts highlighted "stickier" inflation concerns and mixed institutional activity, noting BlackRock's IBIT ET
On November 18, Bitcoin momentarily dropped under $90,000, reaching its lowest point since April, as a death cross pattern and changing macroeconomic outlooks triggered a widespread sell-off in the crypto market. This pullback wiped out all gains made in 2025, with Bitcoin currently hovering near $91,300,
Uncertainty over whether the Federal Reserve would cut rates in December intensified the downturn, as the odds of a cut dropped from 70% to 42% within a week,
Even as the broader market fell, a few altcoins managed to outperform.
The recent drop has reignited discussions about Bitcoin’s future.
Market experts remain divided on what comes next.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Update: Banks Granted Permission to Store Crypto Assets for Service Charges, Indicating Blockchain’s Entry into Mainstream Finance
- U.S. OCC permits banks to hold crypto (e.g., ETH) for blockchain fees, enabling direct network access and reducing intermediary reliance. - Guidance clarifies crypto can be held as principal for testing platforms and operational costs, aligning with the GENIUS Act's regulatory framework. - Banks must manage crypto risks through robust practices, balancing innovation with capital proportionality and compliance with existing laws. - Critics highlight volatility concerns, while proponents argue it accelerat
Algorand and Noah Combine Financial Institutions, Blockchain Enables Immediate and Regulatory-Compliant International Transactions
- Algorand partners with Noah to merge blockchain and traditional banking, enabling compliant on-chain payments via regulated USD/EUR virtual accounts. - The integration bridges fiat and DeFi systems, allowing real-time settlements while leveraging Noah's VASP/MSB licenses for cross-border compliance. - Projects like HesabPay and Aid Trust Portal demonstrate Algorand's low-cost, instant-finality blockchain for transparent aid and financial inclusion in underserved regions. - Expected 2026 rollout aims to s
UAE’s Zand Stablecoin Strengthens Digital Dirham’s Position in the International Fintech Arena
- UAE's Zand Bank launches Zand AED, a dirham-backed stablecoin fully reserved and regulated, becoming the second digital bank in the nation to offer such a product after Mbank's 2024 AE Coin. - The stablecoin's launch coincides with UAE's first government transaction using Digital Dirham CBDC, completed in under two minutes between Ministry of Finance and Dubai Department of Finance. - Zand AED operates under UAE Central Bank's strict regulatory framework requiring 100% high-quality asset backing and real
Ethereum News Today: Ethereum’s Privacy Pools: Addressing the Compliance Challenges in Cryptocurrency
- Ethereum Foundation integrates Privacy Pools in Kohaku wallet, balancing privacy with compliance via zero-knowledge proofs and ASP monitoring. - EIL (ERC-4337) advances cross-chain interoperability, enabling unified L2 transactions through standardized account abstraction. - Cboe launches regulated ETH/BTC perpetual futures on Dec 15, offering institutional-grade alternatives to offshore contracts with 10-year expirations. - Proton Capital's 22.35% arbitrage returns and BitMine's $840M ETH buy signal gro
