Bitcoin dips near $94k amid risk-off selling

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Sunday, November 16, 2025 at 21:21 UTC+01:00 (+0100), N/A, N/A

News category : Other

On November 16, bitcoin experienced a near-2% pullback, trading around $93,684 by late U.S. hours, a move attributed to a broader risk-off environment and profit-taking after recent gains. Traders cited increased caution around near-term macro signals—including rate expectations and mixed economic prints—and the reassessment pushed cryptocurrencies lower alongside other risk assets. While crypto remains highly idiosyncratic, the drop reverberated through related ETPs and equities linked to mining and custody services, temporarily widening correlations between digital assets and traditional markets. Market commentators noted that while single-day moves of this magnitude are common for crypto, repeated down days can force deleveraging in margin-sensitive positions and cause larger swings in off-exchange derivatives. Short-term technical levels were watched closely by market-makers and algo desks for potential spillovers into liquidity in cash and futures markets.

Overall market impact

Light bearish market impact - strength score : 60/100

Detailed breakdown of market impact over instruments, sectors, and asset classes

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Impacted instruments :

Bitcoin (BTC) and major cryptocurrencies

Crypto exchange-traded products (ETPs)

Crypto miners and infrastructure stocks

Volatility-linked crypto derivatives

Risk-sensitive equities

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