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17 Nov 2025
The overall crypto market is experiencing bearish pressure and has seen a general decline, continuing a structural weakness observed over the past few weeks. Sentiment is currently in the "extreme fear" territory.
Key Price Movements (Approximate)
Bitcoin (BTC): The price has continued to fall, dropping below the psychological $100,000 level and trading in the $93,000 - $96,000 range, reaching its lowest point in over six months.
Ethereum (ETH): Has also declined, trading near $3,100 - $3,200.
Altcoins: Most major altcoins are seeing losses, with some, like Solana (SOL), experiencing significant weekly drops.
Major Factors and News
Macroeconomic Pressure: Fading hopes of a U.S. Federal Reserve interest rate cut in December are weighing heavily on risk assets, including crypto.
ETF Outflows: Bitcoin spot ETFs have reportedly seen accelerating outflows as investors unwind positions tied to expectations of looser monetary policy.
Regulatory Focus: Japan's Financial Services Agency (FSA) is reportedly considering reclassifying cryptocurrencies as financial products.
Fraud Combat: The U.S. Department of Justice has announced a new Scam Center Strike Force to combat Southeast Asian cryptocurrency-related investment fraud targeting Americans.