Bitcoin sinks below $95K as Markets Face a Data Blackout and Looming Macro Uncertainty

16. Nov 2025 Posted by Laurent C. on News

Bitcoin holding firmly at $95,000 after a punishing week that dragged prices to their weakest point since May. The leading crypto continued to lag behind U.S. equities, which managed to cling to slight gains into the final minutes of the trading session.

BTC was on pace for a 9% weekly decline — its steepest drop in eight months. Ethereum fell over 11%, slipping under $3,200, while Solana’s SOL plunged 15% since Monday. XRP, cushioned by the launch of its first U.S. spot ETF, pulled back just 1%.

Crypto Stocks Split After Heavy Sell-Off

The equity side of the digital asset sector delivered mixed results after Thursday’s broad slump.

  • MicroStrategy dipped another 4%, sliding under $200 for the first time since October 2024.

  • Exchange platform Bullish, Ethereum-focused BitMine, and miners including CleanSpark, MARA Holdings, and Hive Digital all saw declines between 4%–7%.

  • Meanwhile, Hut 8 jumped 6%, boosted by earnings from its American Bitcoin joint venture, and Robinhood along with Riot Platforms climbed roughly 3%.

Market Confidence Hit by an ‘Information Vacuum’

The downturn has been fueled by a lack of crucial U.S. economic data, the result of a government shutdown that stretched from October 1 until Thursday. With inflation, employment, and other macro indicators unavailable, investors have been flying blind.

The temporary spending bill passed this week only keeps the government funded until January 30, extending uncertainty around monetary policy and macro liquidity — the dominant force shaping BTC’s long-term trajectory.

Some market watchers emphasized that the recent sell-off may simply represent a necessary reset after months of stagnation below the $120,000 resistance level. The broader bullish narrative for BTC, they argued, still hinges on future liquidity injections, balance sheet shifts, and eventual easing from the Federal Reserve — developments not expected until later in Q1 2026.

Technical Outlook: $84K in Play Before a Rebound

From a technical standpoint, bitcoin’s drop below the 23.6% Fibonacci retracement level near $100,000 has opened the door to deeper losses. Key support now sits around $84,000.

Some crypto strategists expect heightened volatility into the coming months, with price swings likely extending into summer 2026. Still, they anticipate BTC will revisit levels above $100,000 before any decisive breach beneath the $90,000 zone.

For now, bitcoin enters the weekend weighed down by uncertainty — and still waiting for the data and direction needed to restore confidence across global risk markets.