Bitcoin Nears $80K as $1.7B in Liquidations Trigger Market Sell-Off

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In accordance with Coindesk, Bitcoin fell below $85,000 on November 21, 2025, amid $1.7 billion in liquidations over the past 24 hours, with Bitcoin accounting for $964 million of the total. Ether and other major tokens also saw significant declines, while U.S.-listed bitcoin ETFs recorded $900 million in net outflows. Open interest in perpetual futures has dropped 35% since October, and the Crypto Fear & Greed Index hit 11, its lowest since late 2022.

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