Bitcoin’s price fell 7% to around $85,000 on Friday, with Asian markets opening lower, while regional stocks joined a global sell-off after U.S. jobs data was unclear on the timing of the Federal Reserve’s interest rate cut. Traders quickly sold high-risk assets again, even after Nvidia’s recent results showed strong performance, indicating that general economic concerns now outweigh news about individual technology companies.
JUSTIN: Total crypto market cap falls below $3.1 billion.
$BTC – $87,000$ETH – $2,820
Is the bottom in? pic.twitter.com/1rkK1zDM8V– CoinGecko (@coingecko) November 20, 2025
Market Summary
- Bitcoin price: $86,156, down 6.9%
- Ethereum-ETH Price: $2,819, down 7.1%
- Ripple (XRP): $1.99, down 7.1%
- Market capitalization of the cryptocurrency sector: $3,030 billion, a decrease of 6%
Despite the high likelihood that the Federal Reserve will cut interest rates, investors continued to sell risky assets after U.S. jobs data provided mixed signals.
Wall Street actually trended negatively overnight, as renewed concerns about soaring valuations sent major indexes tumbling and brought to mind previous tariff shocks under President Donald Trump.
The latest jobs data showed the U.S. economy added more jobs than economists forecast for September, while the unemployment rate rose and figures from previous months were revised downward, painting a mixed picture for the Federal Reserve as it weighed the possibility of lowering interest rates at its December meeting.
On the other hand, US bond yields fell after the data was released, while futures markets began pricing in a 40% chance of an interest rate cut in December, up from 30% the day before. However, with the next jobs data expected to be released after the Fed meeting, many investors have chosen not to fully commit to the idea of immediate easing, instead choosing to reduce their risk exposure.
Regional Markets Decline and Digital Currencies React to Fears of Fed Tightening
Those worries were reflected in regional markets, as Asia returned to its cautious mood, and MSCI’s broad index of Asia-Pacific stocks excluding Japan fell about 1.8% on Friday, narrowing its weekly loss to about 3%, the biggest decline since early April.
In addition, Japan’s Nikkei index fell 1.8 percent during the day and the weekly decline amounted to around 2.8 percent, while stocks in Taiwan fell 2.7 percent and South Korea fell more than 3 percent. For their part, major Chinese stocks also fell, while Hong Kong’s Hang Seng Index also declined.
As for the digital currency markets, they have evolved at the same pace as this reduction in risks. “If macroeconomic concerns turn into full-on panic and selling deepens, there will be strong resistance around $75,000, the lowest level recorded in April 2025,” said Nic Puckrin, crypto analyst and co-founder of The Coin Bureau. “However, given the current dynamics, the market is expected to see a recovery in the short term.”
In their statements overnight, Federal Reserve officials expressed caution about inflation and the stability of financial markets, warning of the possibility of a sharp decline in asset prices if conditions tighten too quickly.
Industry executives view the Bitcoin price decline as a healthy rebalancing, not a collapse.
In this context, some specialists in the digital asset sector believed that the fall in the price of Bitcoin was considered a market rebalancing and not a long-term collapse. Gracy Chen, CEO of Bitget, explained that the price drop to the $87,000 level represents a healthy market correction rather than an indication of the start of a long-term decline.
She added that she does not expect a sequential decline from this point, noting that market participants have become more diversified, financial leverage is under greater scrutiny and the technical system is stronger than it was in previous sessions.
Chen also expects the price to stabilize and gradually recover, with the possibility of a further rise towards $95,000 by the end of November, with a potential push towards $105,000 in December.
She stressed: “This is a period of relative stability, not capitulation, and paves the way for more sustainable growth. » For their part, traders in Asia were considering whether to exploit the recent decline or wait until the overall market situation becomes clearer.
After Asian Markets Open: Bitcoin (BTC) Price Falls 7% to $85,000 and Stock Prices Fall as US Jobs Data Unclear on Interest Rates appeared first on Cryptonews Arabic.
