Bitcoin, Ethereum and XRP Dive as Rate Cut Hopes Fade, Liquidations Near $1 Billion

Bitcoin has fallen below the $87,000 mark for the first time in seven months as traders react to the prospect of a delayed rate cut, resulting in widespread liquidations exceeding $900 million. On November 20, 2025, Bitcoin's price dropped nearly 3% in one day, contributing to a substantial weekly decline of 13.5% and a staggering 31% decline from its all-time high above $126,000 set in early October. Ethereum and XRP also faced similar declines, with both down approximately 3%. Total liquidations in the crypto market reached $933 million in the past 24 hours, with Bitcoin leading losses at $380 million, followed closely by Ethereum at $239 million. The decline reflects a broader downturn in the financial markets, where major stock indices, including the S&P 500 and Nasdaq, reported significant losses. As the crypto market grapples with these challenges, analysts remain focused on potential developments in monetary policy that could further impact prices.

Source 🔗