Bitcoin Miners Lead Crypto Stock Losses Amid Wider Market Dip—With BTC Falling

Bitcoin miners and crypto-focused stocks saw significant declines amid a broader downturn in markets driven by macroeconomic uncertainties. On November 13, 2025, share prices plummeted, with major miners such as Bitdeer Technologies and Bitfarms down over 20%. The overall crypto market was negatively impacted, with Bitcoin falling below $100,000 again, dropping to about $99,371. Ethereum and Solana also witnessed significant losses of around 7%, hitting their lowest levels in months. Financial firms like Galaxy Digital and Coinbase experienced declines of more than 12% and 7%, respectively. The downturn was exacerbated by concerns regarding the U.S. economy, including job market reports showing a decline in non-farm payrolls, alongside macroeconomic factors affecting investor sentiment. The Federal Reserve's cautious approach towards rate cuts adds to the uncertainty, with inflation remaining above target levels. As a result, stocks linked with cryptocurrency and technology exhibited a notable shift away from investor focus amid this challenging market landscape.

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