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Bitcoin Drops to $92,000, Losing $600 Billion in Value

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November 17, 2025

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- Bitcoin bulls have it all — Wall Street support, political tailwinds, institutional cash. Everything, that is, except a rally.

After topping $126,000 in October, Bitcoin has fallen sharply, briefly wiping out its 2025 gains before stabilizing on Monday. The sharp retreat from record highs comes in a year that was supposed to cement Bitcoin’s legitimacy. Bloomberg's Mike McGlone discusses with Paul Sweeney and Scarlet Fu.

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Wall StreetOctober BitcoinMonday TheBloomberg's Mike McGlonePaul SweeneyScarlet FuWatch Bloomberg Radio LIVEYouTube Weekdays

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Bitcoin Drops to $92,000, Losing $600 Billion in Value · Bloomberg Television · Sentinel