In November 2025, the digital currencies Bitcoin and Ethereum experienced the most significant decline in the last seven years. By the end of the month, Bitcoin lost 17.67% of its value, marking the worst performance for the leading cryptocurrency since 2018. Meanwhile, Ethereum showed an even greater negative trend, decreasing by 22.38%.
This is reported by Business • Media
“Bitcoin ended November 2025 down 17.67%, continuing the negative trend from the previous month. This decline characterizes the month as the worst for the asset compared to previous years; notably, in 2018, the negative value was even lower.”
Bitcoin Price Dynamics and Market Expectations
November marked the fifth losing month for Bitcoin in the entire history of the asset. On November 21, the cryptocurrency’s price fell below the $81,000 mark, but by November 27, the price had recovered to nearly $92,000. The primary reason for such volatility was the market’s anticipation of a decrease in interest rates by the U.S. Federal Reserve. As of the preparation of this material, Bitcoin is trading at $86,516.
There is no consensus among experts regarding the future prospects of Bitcoin. CryptoQuant CEO Ki Young Ju believes that the bullish cycle ended after the price exceeded $100,000, and large investors continue to take profits. At BlackRock, they emphasize that Bitcoin is primarily a store of value, while Fundstrat co-founder Tom Lee predicts that by the end of the year, Bitcoin’s value could stabilize above $100,000.
Ethereum Metrics and Investment Activity
Ethereum also ended November with a noticeable negative trend — down 22.38%. This marks the third consecutive month that the second-largest cryptocurrency by market capitalization has closed the month in the “red zone.” It is worth noting that historically, November has often been a period of growth for Ethereum, but this year’s decline has leveled the statistics. At the time of writing, the price of Ethereum is $2,841.
Despite the challenging market situation, some companies continue to actively invest in leading cryptocurrencies. For instance, the state of Texas invested $10 million in Bitcoin for the first time, taking advantage of the price drop. Additionally, BitMine, the largest corporate owner of Ethereum, purchased 14,618 ETH for a total of $44.3 million.