Bitcoin, Ethereum Dive Deeper Amid AI and Macro Angst

Bitcoin and Ethereum experienced significant declines on November 17, 2025, reflecting broader macroeconomic uncertainties and concerns over U.S. interest rates and tech companies' spending on artificial intelligence. Bitcoin dropped to about $92,200, a 2.3% decrease and the lowest level since April, while Ethereum fell to around $3,000, marking its lowest point in four months. Over 24 hours, more than $900 million in positions were liquidated, with $550 million in long positions alone. The downturn has led to speculations about a longer-term decline in the market, while experts noted that the current movement might be part of a normal correction within the ongoing market cycle. Despite the negative sentiment, some analysts expressed optimism, suggesting Bitcoin remains near its uptrend line from last year's surge. This sharp decline prompted a notable sell-off among both small and large investors, further adding to the risks in the cryptocurrency market.

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