Bitcoin News Today: Crypto's Crossroads: ETF Exodus and Fed Signals Drive Bitcoin's Steepest Slide Since 2022

Bitcoin is tumbling toward its worst monthly decline since 2022, with the digital asset trading near $95,000 as of Nov. 18, 2025, down from a late-October peak of over $126,000. According to reports, the selloff has accelerated amid record outflows from exchange-traded funds, shifting Federal Reserve policy signals, and waning investor sentiment, raising questions about the sustainability of the crypto market's recent rally under the Trump administration.

The U.S. spot Bitcoin ETF landscape has seen $1.32 billion in outflows between Nov. 10 and 14, with BlackRock's IBIT and Fidelity's FBTC leading the exodus. This follows a $2.4 billion withdrawal in early November, signaling a broad-based reduction in speculative bets. Meanwhile, Ethereum ETFs faced even steeper declines, with net outflows of $728.3 million during the same period. Analysts attribute the trend to investors locking in profits after October's rally and a lack of clear catalysts for further gains.

Institutional players have also felt the pressure. MicroStrategy, which has amassed a $14 billion Bitcoin portfolio this year, saw its shares drop 1.2% in premarket trading as the crypto price dipped. Similarly, American Bitcoin Corp., backed by Donald Trump's sons, reported a third-quarter profit but noted shares fell 1.3% after earnings as Bitcoin's slide continued. The company, which mines Bitcoin at lower costs than traditional accumulators, holds 4,004 BTC valued at roughly $400 million.

Federal Reserve policy remains a critical uncertainty. While some officials, like Dallas Fed President Lorie Logan, advocate for pausing rate cuts until inflation shows sustained improvement, others, including New York Fed President John Williams, hint at potential reductions in December. Bank of America's Michael Hartnett argues the Fed must act to avert a "liquidity event," noting that Bitcoin's 35% peak-to-trough decline and Ethereum's 45% drop signal a market in distress. However, Boston Fed President Susan Collins cautions against premature easing, emphasizing a data-dependent approach.

Market sentiment has turned sharply bearish. The Crypto Fear and Greed Index hit 16 - the lowest since February 2025 - as Bitcoin approached six-month lows. Bitwise CEO Hunter Horsley, however, suggests the bear market may be nearing its end, citing stronger fundamentals from ETF adoption and regulatory clarity under the new administration. On-chain data indicates late-stage capitulation pressures, though analysts debate whether the market has the "final ingredient" for a bottom.

Technical analysis paints a mixed picture. Strategy (MSTR), the world's largest publicly traded Bitcoin treasury company has lost nearly 60% of its value since July, exacerbated by share dilution from equity and convertible debt offerings. The stock's price-earnings ratio now stands at 8.67, reflecting skepticism about its passive Bitcoin-hoarding model. Meanwhile, AI and high-performance computing-focused Bitcoin miners surged in premarket trading after NVIDIA's blockbuster earnings, signaling renewed tech sector optimism.

Global macroeconomic factors further complicate the outlook. Japan's $135 billion stimulus package and yen weakness have pressured Bitcoin, historically a beneficiary of yen carry trades. A potential Bank of Japan rate hike could trigger broader market volatility, while U.S. fiscal policies and liquidity conditions remain pivotal.

As the Fed deliberates its next move and ETF outflows persist, the crypto market faces a critical juncture. Whether this selloff marks a temporary correction or a deeper structural shift will depend on institutional resilience, regulatory clarity, and the Fed's ability to balance inflation control with market stability.