Bitcoin Falls 35% in 46 Days as ETF Outflows Hit $2.5 Billion

Bitcoin fell more than 35% over 46 days from its Oct. 7 all-time high, briefly nearing $80,000 on Nov. 21 before recovering toward $85,000, BlockBeats reports. BlackRock's IBIT saw a $523 million single-day outflow on Nov. 19, part of over $2.5 billion in net outflows for the month and the largest consecutive-day decline on record. Market volatility intensified amid concerns over Nvidia's accounts receivable and AI sector valuations, while a 43-day U.S. government shutdown delayed key economic data releases. The probability of a December Federal Reserve rate cut fluctuated from 70% to 30% over the past month, rising to 71.3% on Nov. 22 following dovish comments from multiple Fed officials.