Why Crypto Is Down Today [Live] Updates On November 24,2025

Large institutions collectively sold $5.38 billion worth of MicroStrategy ($MSTR) shares in Q3, marking a significant shift in big-money positioning. JP Morgan, BlackRock, and Vanguard were among the largest sellers, trimming exposure as volatility in Bitcoin-linked equities increased.

SEI continues to look attractive for entry zones, especially with its BTC pair holding steady while the broader market faced pressure. This relative strength suggests SEI could outperform once Bitcoin begins to move upward again. If rotation kicks in, the move may be quick, making it important for swing traders to keep their target zones wide.

The crypto market is tumbling, but NDV’s Jason Huang says Bitcoin’s drop below $90K is a liquidity-driven correction, not the start of a true bear market. He points to heavy leverage washouts, macro uncertainty, Trump’s tariff shock, and slowing ETF inflows as the main triggers behind the 30% pullback. Despite short-term weakness, Huang remains long-term bullish, noting Bitcoin’s fundamentals, institutional demand, and past market cycles all show similar corrections often occur before new highs.

Next week brings several important U.S. economic updates that could influence market sentiment. On Tuesday, Nov 25, PPI inflation data will be released. This will be followed by Initial Jobless Claims and the crucial PCE inflation report on Wednesday, Nov 26. The stock market will be closed on Thursday, Nov 27, for Thanksgiving, and will operate on an early schedule on Friday, Nov 28. These events are expected to guide market direction and shape investor expectations heading into the final weeks of the year.

According to Coingecko, several one-time large token unlocks—each worth over $5 million—are scheduled this week for HYPE, XPL, JUP, KMNO, OP, ZORA, H, and SAHARA. In addition, major linear daily unlocks exceeding $1 million will take place for SOL, TRUMP, WLD, DOGE, ASTER, AVAX, TAO, ZEC, and ETHFI. Altogether, the total value of tokens set to be unlocked in the next seven days exceeds $566 million, signaling a busy week for the market.

Korea’s Financial Intelligence Unit (FIU) is set to issue penalties against Korbit, Gopax, Bithumb, and Coinone, following its recent action against Dunamu. Industry insiders say the violations are likely similar across all exchanges, meaning penalties could match Dunamu’s case, where the Upbit operator was fined 35.2 billion KRW (about $24.35 million). Most of these enforcement measures are expected to be completed by the first half of next year.

A month ago, markets were almost certain the Federal Reserve would cut rates. But just a week back, that confidence collapsed, with traders briefly pricing in the chance that the Fed might hold instead. Now, odds have swung back toward a rate cut again—though not as strongly as before. The shift reflects ongoing macro uncertainty, volatile data, and the canceled October CPI report, which has made market reactions more sensitive. For now, the renewed cut expectations are seen as positive for Bitcoin and the broader crypto market.