Cryptocurrency Market Faces Broad $1.16B Liquidations Amid Bitcoin, Ethereum Declines

The cryptocurrency market has experienced a significant downturn starting November 2025, with major coins such as Bitcoin, Ethereum, XRP, Dogecoin, and Cardano showing sharp declines amid liquidations exceeding $1 billion. Bitcoin has struggled to maintain key support levels around $113,000, influenced by broader economic pressures, including hawkish Federal Reserve comments that raised concerns about inflation and future interest rate cuts. This selloff marks one of the worst October performances for crypto since 2015, reflecting investor caution amid regulatory uncertainties and macroeconomic challenges. Despite the market weakness, some analysts remain cautiously optimistic about a potential rebound, citing November's historically strong performance for Bitcoin, though technical indicators suggest bearish momentum may continue. The downturn in crypto has also paralleled declines in tech-heavy stock indices, highlighting a risk-off sentiment across markets. Additionally, ongoing issues such as blockchain security breaches and regulatory developments in Europe contribute to the complex market environment facing cryptocurrencies.