Bitcoin’s price dropped below $100,000 on November 14, 2025, reaching $97,031 and causing $448.48 million in long position liquidations across exchanges. This marked a 23% decline from its October high of $126,000, erasing recent gains due to overleveraged trading and technical breakdowns.
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Bitcoin fell 2.59% on November 14, 2025, breaking the key $100,000 support level and triggering widespread market reactions.
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The decline extended from October’s all-time high, returning prices to levels seen in early May 2025 and highlighting volatility in the cryptocurrency market.
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Liquidations totaled $448.48 million, with Hyperliquid, Bybit, and Binance seeing the largest impacts, according to Coinglass data, underscoring risks in leveraged trading.
Discover the details of Bitcoin’s November 2025 price drop below $100,000, including massive liquidations and technical factors. Stay informed on crypto market shifts and protect your investments today.
What caused Bitcoin’s price to drop below $100,000 in November 2025?
Bitcoin’s price drop below $100,000 in November 2025 stemmed from a combination of technical breakdowns and excessive leverage in the derivatives market. On November 14, the cryptocurrency fell to $97,031, a 2.59% decline for the day, after failing to hold the critical $100,000 support level. This event erased gains accumulated since early May 2025, reflecting broader market pressures on overextended positions.
How extensive were the Bitcoin liquidations during this price drop?
The price breakdown led to significant liquidations, totaling $448.48 million in long positions across major exchanges, as reported by Coinglass data. Hyperliquid experienced the highest losses at $177.098 million, followed by Bybit with $134.365 million and Binance at $20.92 million. This lopsided activity, where long liquidations outnumbered shorts by a twelve-to-one ratio, indicated heavy one-sided betting on upward momentum that collapsed under selling pressure.
Smaller platforms like OKX, Gate.io, and HTX also faced substantial liquidations, illustrating systemic overleveraging in the crypto derivatives sector. Traders who anticipated further highs were caught off guard as support levels failed, leading to forced position closures and amplified market volatility.


Source: Coinglass
Bitcoin’s Technical Breakdown in November 2025
From a technical perspective, Bitcoin’s chart revealed a clear breach below its 20-day moving average around $106,000, accelerating the decline once the $100,000 level capitulated. Trading volume surged during the selloff, indicating authentic distribution rather than manipulative liquidity events, with the rapid descent pointing to margin calls and forced selling.
The next potential support lies in the $94,000 to $95,000 range, a zone that could determine the trajectory moving forward. Year-to-date, Bitcoin remains up 14-16% from its 2025 starting point near $102,000, despite the setback from the October peak of $126,000.


Source: TradingView
Market analysts, drawing from historical patterns observed in previous cycles, note that such corrections often follow periods of rapid appreciation. For instance, data from TradingView charts shows similar volume spikes during past support breaches, reinforcing the current event’s alignment with established trends in Bitcoin’s price behavior.
Frequently Asked Questions
What was the extent of Bitcoin’s decline from its October 2025 high?
Bitcoin declined 23% from its October 2025 all-time high of $126,000, dropping to $97,031 on November 14. This movement broke below the $100,000 psychological barrier and returned prices to early May 2025 levels, reflecting a sharp reversal after months of upward progress.
Why did liquidations spike during Bitcoin’s November 2025 price drop?
Liquidations spiked because many traders held heavily leveraged long positions expecting continued gains, but the breach of key support at $100,000 triggered automatic closures. Platforms like Hyperliquid and Bybit saw the most activity, with totals reaching $448.48 million as margin requirements forced sales, amplifying the downward pressure in a natural market response.
Key Takeaways
- Bitcoin’s Sharp Decline: The cryptocurrency fell 23% from its $126,000 October high to $97,031 on November 14, 2025, underscoring the volatility inherent in crypto markets.
- Liquidation Impact: Over $448 million in long positions were liquidated, primarily on Hyperliquid and Bybit, highlighting the dangers of overleveraging in derivatives trading.
- Technical Support Levels: Future price action may hinge on the $94,000-$95,000 zone; monitoring volume and moving averages can provide insights for traders navigating this correction.
Conclusion
The Bitcoin price drop below $100,000 in November 2025, coupled with extensive liquidations, serves as a reminder of the risks in leveraged cryptocurrency trading and the importance of robust support levels. As the market digests this correction, investors should focus on fundamental indicators and historical data from sources like Coinglass and TradingView to inform strategies. Looking ahead, maintaining discipline amid volatility will be key to capitalizing on potential recoveries in the evolving crypto landscape.
