BREAKING
63d 0h ago

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

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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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