Bitcoin’s month-long selloff has wiped a large portion of the gains it made since November last year, after President Donald Trump’s election win.

Bitcoin has fallen to a seven-month low and ether to a four-month low. Cryptocurrencies have lost around $1.2 trillion worth of value in just six weeks.

Crypto-related equities remained under heavy pressure as Bitcoin (BTC) extended its November slide. Falling to a seven-month low near $85,065, down 2.2% over the past 24 hours, Bitcoin pulled crypto stocks to deep red along with it.

Bitcoin ($BTC) dropped below $85,000 on Friday, extending the recent sell-off in the crypto market. This is its lowest level since April, when it

Bitcoin, the world’s largest cryptocurrency, was back below $90,000 on Wednesday — a level last seen in the wake of President Trump’s April 2 “liberation day” tariffs that pummeled stocks and riskier corners of financial markets.

After strong growth throughout much of the spring and summer, the world’s most popular cryptocurrency is now roughly flat for 2025.

A bear market refers to a situation in which a stock market index or asset declines at least 20% from its recent bull market high. Bitcoin hit that threshold on Nov. 14, when its price had dropped more than 20% from the bull market high it achieved about a month earlier on Oct. 7.

The Crypto Fear & Greed Index fell to 11 on Monday — deep within “extreme fear” territory and its lowest reading since late 2022.

Bitcoin’s modest rebound after its drop from $89,000 lifted several crypto-exposed stocks, despite broader market uncertainty.