BREAKING

Bitcoin Slumps in November as European Markets Lead 20–25% BTC/ETH Decline

BTC

BTC/USDT

$62,850.01
-2.67%
24h Volume

$19,500,604,285.66

24h H/L

$64,806.00 / $62,272.07

Change: $2,533.93 (4.07%)

Long/Short
67.0%
Long: 67.0%Short: 33.0%
Funding Rate

-0.0000%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,943.15

-2.43%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$66,380.22
Resistance 1$63,954.78
Price$62,943.15
Support 1$61,854.85
Support 2$59,340.88
Support 3$52,679.32
Pivot (PP):$63,340.41
Trend:Downtrend
RSI (14):34.9

COINOTAG News reports that Bitcoin logged one of its weakest November performances since 2018, as selling pressure sharpened into month-end. PrestO Research’s timezone data shows the pull predominantly emanated from European funds, with price action in Asian and U.S. sessions remaining comparatively resilient. The BTC/ETH monthly decline sits around 20–25%, and net selling was notably heavier during European trading hours, highlighting a regional liquidity tilt that influenced spot and derivative dynamics.

From a risk-management perspective, traders should watch European liquidity windows for potential spillovers into December. While other regional sessions showed stability, the current pattern underscores how regional demand can set near-term volatility for BTC and ETH. Market participants may seek diversification across venues and hedging across futures to mitigate an ongoing European-led tilt in demand and pricing signals.

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