Bitcoin price today: Largest token slips to 6-month low below $100,000 as Fed rate cut bets fade. Ether, Solana tank

By Admin

15 Nov, 2025

Bitcoin prices continued their downward slide on Friday, slipping below the crucial $100,000 mark for the first time in six months as fading expectations of a US Federal Reserve rate cut weighed heavily on global risk assets. The weakness in institutional flows combined with profit booking pushed the world’s largest cryptocurrency into the red for the third straight week.

Bitcoin declined 5.08% to $97,162.73, its lowest level since May 2025, after hitting an intraday low of $96,841.60. The digital asset has now fallen more than 23% from its all-time high of above $126,000 recorded just a month ago. Despite the recent turbulence, Bitcoin still remains about 5% higher so far this year and is up more than 40% since the 2024 US election.

Analysts attributed the latest decline to a sharp pullback driven by cautious investor sentiment. With the US government only beginning to restart operations after the recent shutdown, delays in key economic indicators such as inflation and jobless claims have added uncertainty. CoinSwitch Markets Desk noted that Bitcoin is currently consolidating between $99,000 and $101,000 as markets wait for clearer signals.

Market experts also point to significant whale activity. Over the past month, long-term holders have offloaded more than 815,000 BTC, contributing to the selling pressure. Edul Patel, CEO and Co-Founder of Mudrex, highlighted that ETF outflows and profit booking have further intensified the downturn. However, he added that whales have accumulated more than 45,000 BTC in the past week, indicating underlying strength that may support a recovery.

Other major cryptocurrencies also faced steep declines. Ethereum dropped over 9%, XRP sank 7%, Solana plunged more than 8%, Dogecoin declined nearly 7%, while Tether remained largely flat with a marginal 0.02% dip. The across-the-board sell-off reflects broader fragility in global markets.

Volatility in US equities added to the pressure. The recent rally driven by optimism over the end of the government shutdown fizzled out, with Wall Street posting its steepest daily losses in more than a month. The Dow Jones Industrial Average fell 1.65% to 47,457.22, the S&P 500 dropped 1.66% to 6,737.49, and the Nasdaq tumbled 2.29% to 22,870.36. With key economic data delayed, investors are reassessing whether the Fed will indeed move ahead with rate cuts in the near term.

In the crypto derivatives market, downside risk hedging has intensified. According to Deribit data reported by Bloomberg, demand for put options below the $100,000 strike has surged, particularly for contracts around $90,000 and $95,000, reflecting rising caution among traders.

Looking ahead, CoinSwitch Markets Desk suggests that Bitcoin faces immediate resistance at $101,000. Holding above the $100,000 range could open the door for retesting this level, while a breakout may drive further upside. Patel expects Bitcoin to find strong support around $96,000 before attempting a recovery toward the $105,000 mark in the coming days.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. Investors are advised to consult certified experts before making any investment decisions.