Bitcoin crashes 21% in November 2025. Here are 3 reasons why it’s falling

The world’s largest cryptocurrency – Bitcoin is experiencing its sharpest monthly drop in more than three years. The digital token has fallen over 21% so far this month — its biggest decline since June 2022.

This slump is largely driven by forced liquidations and a broad shift toward risk aversion in speculative assets. Many major altcoins have also tumbled, deepening the overall downturn across the crypto market.