{"id":16035,"date":"2025-11-15T14:30:35","date_gmt":"2025-11-15T14:30:35","guid":{"rendered":"https:\/\/bitunikey.com\/news\/why-is-the-crypto-bear-market-happening-despite-key-good-news\/"},"modified":"2025-11-15T14:30:41","modified_gmt":"2025-11-15T14:30:41","slug":"why-is-the-crypto-bear-market-happening-despite-key-good-news","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/why-is-the-crypto-bear-market-happening-despite-key-good-news\/","title":{"rendered":"Why is the crypto bear market happening despite key good news?"},"content":{"rendered":"
\n

The crypto bear market continued this week, with top coins like Bitcoin, Solana, Ethereum, and Ripple crashing by over 20% from their recent highs.<\/p>\n

\n
\n Summary<\/span>\n <\/div>\n
\n
    \n
  • The crypto bear market has remained in a bear market this year.<\/li>\n
  • This crash is happening amid the rising fear among investors.<\/li>\n
  • Bitcoin\u2019s weak technicals have also contributed to the ongoing crash.<\/li>\n<\/ul><\/div>\n<\/div>\n

    <\/p>\n

    Ripple (XRP) token has crashed by over 38% from its highest level this year. Bitcoin (BTC) has moved by 25%, while Ethereum (ETH) has dropped by 36% from the year-to-date high. A bear market is defined as a period when an asset drops by ~20% from its local top.<\/p>\n

    The bear market is happening despite some good news in the industry. The most significant one was the recent Solana, XRP, Hedera, and Litecoin ETF approvals. Another one was the $500 million investment in Ripple by Citadel and Fortress.\u00a0<\/p>\n

    Crypto bear market caused by liquidations and fear<\/h2>\n

    One reason for the ongoing crypto bear market is that a sense of fear is spreading in the industry. Data compiled by CoinMarketCap shows that the Crypto Fear and Greed Index has moved to the fear zone of 25.\u00a0<\/p>\n

    This fear is mostly because of last month\u2019s events, when over $20 billion in positions were liquidated in a single day. Over 1.6 million traders were wiped out.<\/p>\n

    Liquidations have remained at an elevated level in the past few weeks. For example, over $1.9 billion was liquidated on Friday, with Bitcoin and Ethereum leading the way.<\/p>\n

    The ongoing fear has led to intense selling by investors in the futures market, with the open interest being in a downtrend. Also, the weighted funding rate of most tokens has flatlined in the past few months, while large Bitcoin holders have dumped tokens worth over $45 billion.\u00a0<\/p>\n

    The crypto market has also retreated because of fatigue in the market, with many investors rotating to stocks. Besides, Bitcoin is up by just 2.3% this year, while the S&P 500 and Nasdaq 100 indices have jumped by over 20%.\u00a0<\/p>\n

    <\/p>\n

    Bitcoin price technicals have contributed to the crypto crash<\/h2>\n
    BTC price chart | Source: crypto.news<\/figcaption><\/figure>\n

    Technicals are also not supportive of the crypto market. Bitcoin price has formed a double-top point at $124,350 and the neckline at $107,440. It has formed a death cross pattern as the 50-day weighted moving average and the 200-day average have crossed each other.\u00a0<\/p>\n

    The coin has remained below the Supertrend indicator and moved to the extreme oversold point of the Wyckoff Theory. Therefore, there is a possibility that it will continue falling, with the next key point to watch being at $90,000. Such a move will fuel more weakness in the crypto market.<\/p>\n

    <\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

    The crypto bear market continued this week, with top coins like Bitcoin, Solana, Ethereum, and Ripple crashing by over 20% from their recent highs. Summary The crypto bear market has…<\/p>\n","protected":false},"author":1,"featured_media":2316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=16035"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16035\/revisions"}],"predecessor-version":[{"id":16036,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16035\/revisions\/16036"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2316"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=16035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=16035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=16035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}