Bitcoin dropped to $82,000 during Friday trading, triggering $1.93 billion in liquidations across cryptocurrency markets within 24 hours. The decline represented a loss exceeding $10,000 from the week's opening levels. XRP fell below $2.00 to $1.8467, while BTC accounted for $966.56 million and ETH contributed $408.12 million of the total liquidations.

Strategy Inc. is under review for potential exclusion from major equity benchmarks including MSCI USA and Nasdaq 100, with JPMorgan estimating the move could trigger approximately $2.8 billion in passive fund outflows. The company's valuation has declined over 60% from its November peak. Its premium over Bitcoin holdings has nearly disappeared, leaving the firm trading only slightly above its cryptocurrency inventory value.

Bitcoin dropped to $82,000, its lowest level since April, triggering nearly $2 billion in liquidations across the cryptocurrency market within 24 hours. The sharp decline affected more than 400,000 positions, with long positions accounting for $1.82 billion of the liquidated value. High-profile traders including Andrew Tate and the 'Anti-CZ whale' faced significant losses during the downturn.

Bitcoin dropped below $82,000 in one of its sharpest recent corrections, according to CryptoQuant. The Fear & Greed Index fell to 11, indicating Extreme Fear, while Short-Term Holder whales recorded $21.5 billion in unrealized losses. A new trading range is forming between $70,000 and $90,000 as the market seeks stability.

Bitcoin dropped 23% in November, recording its steepest monthly decline since June 2022. Placeholder partner Chris Burniske said the selling phase has just begun. Alliance DAO co-founder QwQiao projected markets require another 50% drop before stabilizing.

Bitcoin's current downturn may stabilize around $83,000, where significant liquidation activity has accumulated over several months. If this level fails to hold, analysts point to $78,000 and $75,000 as subsequent support targets based on leveraged position clustering.

Tokyo-listed Metaplanet approved a $135 million perpetual preferred share offering on November 20 to fund Bitcoin acquisitions. The Class B shares carry a 4.9% annual dividend and a ¥1,000 conversion price. Strategy founder Michael Saylor stated his firm can withstand an 80%–90% Bitcoin drawdown while maintaining 1.15 times leverage with 4.5-year debt maturity.

Bitcoin dropped below $82,000 on Binance during early European trading Friday, trading near $84,000 at press time. The decline triggered extensive liquidations totaling $2 billion across exchanges over 24 hours, according to Coinglass. Long positions approaching $1 billion were liquidated within a single hour as selling pressure accelerated.