The crypto market is painted entirely red today. Following a week of negative price action, the losses are continuing, with both large and small-cap cryptocurrencies taking significant hits. While some experts remain hopeful about future recoveries, the figures from the last 24 hours show a clear exodus of capital, and the prices indicate a particularly tough day for the sector.
Market Overview: A Red Wave and Mixed Expectations #
The crypto market remains deep in the red this week, and expert forecasts are divided. Various factors are fueling both negative and more optimistic sentiment about price developments.
On one hand, it’s clear that masses of capital are flowing out of the market. With a 7% decline in value today, the total market capitalization has fallen to $2.9 trillion. A major factor in this is that more than $2 billion worth of long positions have been liquidated in the past 24 hours.
JUST IN: $2,000,000,000 in long positions has been liquidated in the past 24 hours. This is Insane level of wealth destruction. — Ash Crypto (@AshCrypto) November 21, 2025
Additionally, institutional investors are also failing to show up. Today marks the 22nd consecutive day in which these parties have sold more bitcoin than they bought. According to analyst Ted Pillows, any potential price recovery will not hold until this trend reverses.
On the other hand, hopeful voices are also emerging. For instance, the U.S. Federal Reserve held a meeting this afternoon to discuss the liquidity issue. Based on the statements, analysts have become much more optimistic about a possible interest rate cut in December. The probability of a cut is said to have increased from 24% to 70%.
Well-known analyst Lark Davis is also unconcerned. He states that the global amount of money is at a record high. Due to new policy measures, the analyst actually expects a new influx of capital into the crypto sector soon.
President Trump is planning $2,000 stimmy checks Japan is preparing for a $110 billion stimulus package China is giving a $1.4 trillion stimulus package The US is issuing $1.9T in treasuries every year The Fed is about to end QT Canada is starting QE Global M2 supply is… — Lark Davis (@TheCryptoLark) November 20, 2025
Despite this, the prices clearly show the current sentiment. The top 10 coins are approaching double-digit losses today: a disastrous day for the crypto market.
Major Cryptocurrencies Suffer Heavy Losses #
Bitcoin is down 8.3% and is now priced at $82,800. The ‘digital gold’ is having a very tough time and is one of the worst-performing coins in the top 10 this week. Where bitcoin normally showed stability, that is certainly not the case now.
Ethereum has lost nearly 10% today. The coin has thus fallen to a price of $2,700. Along with Ethereum and Bitcoin, XRP, BNB, and Solana are also major losers today. The three popular coins have fallen by 9 to 10 percent.
Today’s Top Gainers in the Top 100 #
It’s unprecedented in the crypto market, but today, aside from stablecoins, there is not a single cryptocurrency in the top 100 that is in the green. This underscores that the crypto market is in heavy turmoil and the air does not seem to have cleared yet.
Today’s Top Losers in the Top 100 #
On the other hand, there are more than enough losers in the market today. These cryptocurrencies had to give up the most today:
- Aptos: 17% decline, price at $2.46
- NEAR Protocol: 17% decline, price at $1.89
- Cosmos Hub: 16% decline, price at $2.53
- Canton: 15% decline, price at $0.079
- Mantle: 14.6% decline, price at $0.92