The crypto market suffered a sharp fall in November 2025, losing all of its gains this year, with a loss of over $1 trillion.
Following the recent drop, nearly $1.8 billion in positions have been liquidated in the past 24 hours, affecting more than 441,000 traders. The bulk of the losses were from long positions.
As things stand, analysts are divided on the future direction of the market. Some analysts believe that the drop marks the beginning of a long-term bear market and that new investors may not be able to withstand the extreme volatility. They warn that a significant portion of the Bitcoin supply is concentrated in the hands of new holders who lack the experience to withstand severe drops.
In contrast, bullish analysts point to market history; similar declines occurred in 2024, but the market eventually reached new highs. They say macroeconomic factors, interest rate cuts, the possibility of an end to quantitative easing (QT) and trade agreements could pave the way for a market rebound.