Crypto Slide Continues As Bitcoin Drops Below $84,000—Lowest Level Since Mid-April
November 21, 2025
Topline
Bitcoin early on Friday dropped below $84,000 for the first time since mid-April, as the world’s most valuable cryptocurrency continued to be hit by a selloff that has tanked its price by more than 22% in the past month.
Key Facts
Bitcoin’s price dropped to $83,730.70 early on Friday, having fallen more than 9% in the past 24 hours.
As a result of the nearly month-long selloff, Bitcoin’s price is 10% below what it was at the start of the year, as it has wiped out a majority of the gains it made since President Donald Trump’s election win last year.
Bitcoin last slipped below $84,000 in April—dropping as low as $75,000—amid a broader market selloff triggered by the sweeping tariffs announced by Trump at his so-called “Liberation Day” event.
Citing data from Deribit, the Coinbase-owned crypto options and futures market, Coindesk reported that traders are readying for the token to drop further in price.
What About Other Cryptocurrency Prices?
The price of Ether—the world’s second most valuable cryptocurrency by market cap—dropped below $2,740, down more than 9.6% in the past 24 hours. Other major cryptocurrencies have also been hit, with the prices of XRP, Binance’s BNB and Solana’s SOL falling 9.1%, 8.4% and 10.6% respectively in the past day. Dogecoin, the biggest meme token in the crypto market, is down 10.3% in the past day.
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