The crypto market sell-off intensified on Nov. 14 as Bitcoin fell and most altcoins plunged, with Story (IP), Aerodrome Finance (AERO), Jupiter (JUP) and Pudgy Penguins (PENGU) among the worst performers. The widening downturn raises questions about when — or if — prices will rebound.

A sharp market downturn hit crypto on Nov. 12 as Bitcoin fell below key levels and many altcoins plunged double digits. Traders point to macro pressure, liquidation cascades, and token-specific events as primary drivers.

In October 2025, the cryptocurrency market experienced a sharp crash triggered by escalating U.S.-China trade tensions. Bitcoin dropped from a high of $126,272 to below $105,000, while Ethereum saw a near 11% fall. The market lost over $19 billion in value, with altcoins plunging up to 40% within minutes. Recovery efforts are underway, but investors are urged to exercise caution amid extreme volatility.

On February 2, 2018, the global cryptocurrency market experienced a major crash with over $100 billion wiped out in 24 hours. Bitcoin, Ethereum, and Ripple all faced significant drops amid regulatory concerns and legal actions.