{"id":1529,"date":"2025-11-17T03:00:55","date_gmt":"2025-11-17T08:00:55","guid":{"rendered":"https:\/\/www.decentralnetwork.org\/news\/?p=1529"},"modified":"2025-11-21T07:28:13","modified_gmt":"2025-11-21T12:28:13","slug":"bitcoin","status":"publish","type":"post","link":"https:\/\/www.decentralnetwork.org\/news\/bitcoin\/","title":{"rendered":"Bitcoin Drops Below $94K as Liquidations Surge and ETF Outflows Deepen \u2014 Is More Pain Ahead?"},"content":{"rendered":"\n
\"Bitcoin<\/figure>\n\n\n\n

Bitcoin kicked off the week on a sour note, sliding to its weakest level in more than six months as leveraged trades unraveled and U.S. spot ETFs continued to bleed capital.<\/h2>\n\n\n\n

The world\u2019s largest cryptocurrency was hovering near $95,000<\/strong> on the morning of Nov. 17 (Asia time), according to crypto.news<\/a>. Earlier in the session, BTC briefly broke below the $94,000 support<\/strong>, hitting an intraday low of $93,029<\/strong> \u2014 a price not seen since April 12.<\/p>\n\n\n\n

After a sharp 10.6% drop over the past week, Bitcoin now sits 24.6% below its all-time high of $126,000<\/strong>, which it reached just about a month ago.<\/p>\n\n\n\n


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Liquidations Pile Up as Rate-Cut Hopes Fade<\/strong><\/h2>\n\n\n\n

Monday\u2019s decline came as derivatives traders rushed to unwind risk. Markets have been dialing back expectations of another Federal Reserve rate cut this year \u2014 and that shift alone has been enough to sour sentiment across risk assets, including crypto.<\/p>\n\n\n\n

The CME FedWatch Tool<\/strong> now shows just a 43.9% probability<\/strong> of a 25-basis-point cut in December. On Polymarket<\/strong>, traders place that likelihood at 46%<\/strong>, down sharply from over 80%<\/strong> at the start of November.<\/p>\n\n\n\n

As confidence faded, leveraged bets cracked:<\/p>\n\n\n\n