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ETFs in Spotlight as Price of Bitcoin Sinks Below $96,000
ZACKS· 2025-11-17 14:16
The cryptocurrency market suffered a sharp selloff on Nov. 14, with the price of Bitcoin plummeting below $96,000 for the first time in six months. This reflected a steep drop of more than 20% from its recent high north of $126,000, achieved in October.Other major tokens, like Ether, the second-largest cryptocurrency, slid more than 10%, while Solana’s SOL and Binance’s BNB all recorded losses ranging from 6% to 10%, indicating a broad market retreat. The decline spilled over into crypto-linked equities, wi ...