From Crash to Recovery — What Happened in the Crypto World November 21-28, 2025

From Crash to Recovery — What Happened in the Crypto World November 21-28, 2025

Last week brought strong fluctuations to the cryptocurrency markets — a sharp drop, massive liquidation, and finally a surprising recovery. Here are the most significant events that shaped the mood in the crypto sector.

1. Bitcoin Falls to Seven-Month Low, Liquidation Pressure

On Friday, November 21, 2025, bitcoin fell to a seven-month low — to ~ $80,500. The reason was a sharp outflow of liquidity, negative sentiment, and mass liquidations of leveraged positions.

The cryptocurrency market is estimated to have lost over $1.2 trillion in market capitalization in recent weeks.

The decline also affected other cryptocurrencies — Bitcoin’s sharp volatility is now in line with the behavior of most asset classes, suggesting that the decline was not just a matter of cryptocurrencies, but a broader flight from risky assets.

This decline was watched with concern by many investors — many were waiting to see if it was a correction or a cut before another decline.

2. Recovery: Bitcoin back above $91,000 and optimism returns

Bitcoin made a strong recovery at the end of the week — on November 27, it broke through the $91,000 mark, and gradually traded around $91,200–91,500.

The growth was supported by improving market sentiment and an increased likelihood that the Federal Reserve (Fed) will soon cut interest rates — investors are considering a return to riskier assets.

Altcoins also thrived in the recovery — alongside Bitcoin, Ethereum also rose above $3,000, and other altcoins such as XRP, Solana, and BNB also reported gains.

For many, it looked like a “recovery from the bottom” — the question is whether it will grow into stable growth or just a short-term rebound.

3. The discrepancy between sentiment and fundamentals — what analysts warn

According to data from the Derive.xyz platform, the chance that Bitcoin will end the year below $90,000 has increased to 50%. The options market thus signaled continued uncertainty.

Some analysts say that the November drop is “different than before” — it is not just a speculative sell-off, but a reaction to broader macroeconomic pressures, changes in risk appetite, and institutional outflows.

However, several investors and institutions are using the dip as an opportunity — some big players reportedly bought BTC, while others claim to have said “Bitcoin is still worth it” despite the volatility.

This means: the market is in a transitional phase — uncertain, but with potential. Recommendation: monitor economic news on rates, ETF volume developments, and the behavior of large investors.

4. What this means for investors — strategies and opportunities

🟡 “Buying the dip” can make sense — if BTC holds the key zone around $89-91,000, it could be the basis for a new growth phase.

🔎 Diversification: altcoins like Ethereum, XRP, Solana, or BNB can be useful for the growth part of the portfolio — but the fluctuations are strong.

⚠️ Caution: Volatility remains high, the outlook for 2026 is uncertain, inflation and rates can still affect the market.

🕒 Medium to long term: For those who don’t believe in “quick profits”, the situation may be an opportunity — fluctuations may offer discounted entries.

🧭 Summary: A week of turbulence, but also hope

The week of November 21-28, 2025 showed how quickly the cryptocurrency market can go from panic to partial recovery. After massive liquidations and a drop in Bitcoin by tens of percent, a relatively quick correction came back. This suggests that despite the drop, some investors’ confidence remains — and this may be the moment when someone decides to change strategy.

However, whether this is a real turnaround will only be shown by the upcoming developments: reactions to rates, further behavior of institutions and trading volumes.

*This is not an investment recommendation.

The Coingarage Team