Bitcoin’s Worst November Since 2018: $800 Billion Loss in 2025

Bitcoin has faced significant losses throughout November, marking its worst performance since 2018. The cryptocurrency’s value has plummeted by more than 25% this month, wiping out nearly $800 billion from its market cap. The ongoing slide has left Bitcoin trading at its lowest level since April 2025, erasing all the gains made this year.

This decline follows a broader trend in the financial markets. The S&P 500 and NASDAQ also experienced their worst November since 2008, reflecting the turbulence affecting global markets.

The combination of factors, including market uncertainty and economic signals from the Federal Reserve, is contributing to the negative performance of Bitcoin.

Federal Reserve’s Rate Cut Expectations Stir Market Volatility

A key driver of the downturn in Bitcoin and other risk assets is the Federal Reserve’s stance on interest rates. While the Fed has not yet confirmed a rate cut, market expectations have risen sharply.

The probability of a rate cut in December has jumped from 39.10% to 69.40%. This shift in market expectations suggests that liquidity could increase, making riskier investments like Bitcoin more attractive. However, uncertainty around the Fed’s decisions is contributing to the volatility.

In general, when interest rates decrease, liquidity in the markets tends to rise, leading investors to seek higher returns from more volatile assets like cryptocurrencies. This expectation could either support Bitcoin’s recovery or fuel further declines if the Fed’s policies do not align with market hopes.

Robert Kiyosaki’s Bitcoin Sale Adds to Market Discussion

Amid the recent downturn, investor Robert Kiyosaki made headlines by selling $2.25 million worth of Bitcoin. Despite this sale, Kiyosaki remains confident in Bitcoin’s future, citing his intention to diversify his portfolio and generate consistent cash flow through other business ventures.

He clarified that his decision was not based on a bearish outlook for Bitcoin but on strategic portfolio management. Kiyosaki’s continued optimism toward Bitcoin underscores the long-term appeal of the cryptocurrency despite short-term market turbulence.

The move highlights the differing perspectives on Bitcoin. While some investors might be cautious due to the recent losses, others, like Kiyosaki, see this as an opportunity for a broader investment strategy.

In the wake of this volatility, Bitcoin’s future remains uncertain, as the market waits to see how both internal factors, like the cryptocurrency’s adoption, and external factors, like the Federal Reserve’s monetary policy, will shape its trajectory in the coming months.