Crypto Bloodbath Erases 2025 Gains - Winklevoss Doubles Down on BTC Buying Urgency

Crypto markets plunge to wipe out all 2025 progress as Bitcoin faces brutal correction.

The Great Reset Hits Digital Assets

Major cryptocurrencies shed billions in market value overnight, returning prices to December 2024 levels. Bitcoin leads the downward spiral despite institutional backing and ETF approvals.

Winklevoss Stands Firm Amid Carnage

Cameron Winklevoss breaks silence, urging investors to buy the dip rather than panic sell. His public statement contrasts sharply with mainstream financial media's doom predictions.

Buying Opportunity or Value Trap?

Traditional finance pundits gleefully point to the crash as proof crypto was always speculative nonsense—conveniently ignoring their own track record of missing every major technological shift since the internet.

When Wall Street analysts start questioning crypto fundamentals, remember these are the same people who thought Blockbuster would beat Netflix.

Why is Bitcoin price crashing? 

Bitcoin’s descent into negative territory this month (November 2025)—down nearly 30% from its October all-time high—has blindsided even optimistic traders, wiping out roughly $600 billion in market value over the past month. The slide accelerated over the weekend after the leading crypto asset failed to reclaim the critical $92,000 support level, flipping it into resistance and triggering a cascade of stop-loss orders. 

The 1-week chart shows that BTC is currently hovering around its major support level, trading closely above 100EMA, which has been constantly managed since late 2023. The RSI (Relative Strength Index) sits at 53, which suggests the market sentiment as moderately bullish. 

The cascade in Bitcoin price comes after the loosening market momentum following the flash crash on October 10, triggered by the U.S. President Donald Trump’s renewed trade war rhetoric against China, set the stage for this month’s rout, eroding investor confidence in risk assets. Fading expectations for aggressive Federal Reserve rate cuts have further soured the mood, with a persistent “risk-off” tone gripping global markets. 

Analysts point to macroeconomic drags—like delayed liquidity injections and heightened volatility—as key culprits, with Bitcoin now testing levels not seen since April. 

Industry voices split: Buy the dip or brace for more pain?

Winklevoss isn’t alone in seeing silver linings. A chorus of crypto influencers and executives echoed his bullish stance on X, framing the turmoil as a strategic accumulation phase. “The crypto market is clearly under heavy pressure, but this isn’t the end of a cycle,” said Lawrence Samantha, CEO of NOBI, to The CryptoTimes. “I believe it’s the kind of moment that usually creates new opportunities.” 

Strategy’s Michael Saylor, a perennial Bitcoin maximalist, has long advocated dollar-cost averaging through volatility, though he remained mum on specifics this week. Meanwhile, Ark Invest’s Cathie Wood, known for her long-term optimism, hinted at renewed inflows into spot Bitcoin ETFs as a stabilizing force, per recent filings.

“Short-term sentiment indeed can swing violently, but the industry’s foundations still haven’t changed with adoption keeps rising, infrastructure now stronger than ever, and innovation doesn’t stop just because prices pull back,” Samantha added. 

Though not all views are rosy. Some leaders urge caution, warning against “catching a falling knife.” Forbes contributor Billy Barton issued a stark “$1 trillion crypto crash warning,” citing Fed hawkishness as a potential accelerant for further declines. Economic Times experts predict Bitcoin could breach $90,000 by month’s end if volatility spikes, with altcoins like ethereum and Solana facing steeper drops. 

Outlook: Bottom in sight or deeper waters ahead?

As Bitcoin dominance slips from 61% to 58.8%—potentially signaling a rotation to altcoins—the market teeters on a knife’s edge. Optimists like Winklevoss bet on a swift rebound, fueled by institutional demand and year-end rallies, while bears eye sub-$85,000 wicks as a real possibility. With U.S. liquidity injections on the horizon and Trump’s pro-crypto policies still in play, the dip could indeed prove fleeting. 

“Crashes like this shake out speculators more than builders. So my focus stays the same: who keeps building, improving products, and solving real problems while the market is ‘bleeding’? Those are the ones who usually lead the next leg up,” Samantha emphasized. 

For now, the crypto faithful are divided: a frenzy of “buy the dip” memes clashes with capitulation fears. In Bitcoin’s world, where fortunes flip overnight, one thing remains certain—volatility is the only constant. Investors, take note: the truck may be backing up, but timing the load is everything.

Also read: Mt. Gox Moves $936M in BTC as Repayment Deadline Extends to 2026