Bitcoin Dips Below $90K as Risk-Off Mood Grips Markets

Markets opened the new week on the back foot as Bitcoin slipped under $90,000, sparking fresh caution among crypto and equity traders alike. The move reflects growing anxiety over delayed U.S. economic data and fading expectations of imminent interest-rate cuts.

Nov 18, 2025 - 10:48

Bitcoin’s drop coincided with a broader slide in global equities, with Asian markets mirroring weakness from Wall Street. Investors are scaling back risk positions as uncertainty deepens.
The U.S. government shutdown led to a backlog of key reports—including jobs and inflation data—which has left markets trading without clear visibility into the economy. That in turn is dampening appetite for crypto and tech-heavy plays.
Market pricing for a December rate cut by the Federal Reserve now sits closer to 40%, down sharply from earlier this month. With liquidity drying up and earnings pressure mounting, digital assets are feeling the strain.

Crypto markets are no longer moving in isolation—Bitcoin is now reacting in step with equity and macro sentiment, meaning surprises outside the blockchain space can ripple into coins.
The technical significance of sub-$90K should not be understated: A break of this level could invite further downside until fresh flows arrive.
Although some analysts believe the fundamentals remain intact, the current phase is clearly one of adjustment and risk-off positioning rather than speculation and upside chase.

Traders will keep a close eye on the release of the delayed U.S. jobs report and key inflation data later this week—any surprises could reignite volatility in crypto.
Institutional flows and ETF sentiment will be important to monitor: A return of capital could quickly flip the narrative.
Correlations between crypto, tech stocks, and rate expectations suggest crypto won’t escape macro risk until a clearer trend emerges.