Bitcoin(BTC) price crashes to $82,605 as crypto markets fall below $2.8 trillion — Is Bitcoin’s path toward $75,000 inevitable?

Bitcoin price fell to about $82,605 on November 21, down 4.53% after a drop from near $92,000, extending a steep monthly loss of 23%, its worst since June 2022. It briefly hit $81,629 before recovering toward $84,000. Over $1.9 billion in long liquidations and a $120 billion market-cap wipeout pushed total crypto value below $2.8 trillion. ETFs saw $903 million in outflows and futures open interest fell 35% from Octobers peak. Another $2 billion in leveraged positions was cleared as weak macro data, fading Fed-cut hopes, and DeFi exploits deepened market fear.