Bitcoin fell below $94,000 on Nov. 17, erasing all gains recorded after U.S. stock markets opened, HTX market data show. The cryptocurrency was trading at $93,865 at the time of reporting. Earlier in the session, Bitcoin had surged 2% within five minutes of the U.S. market open, briefly exceeding $96,000.

The Chicago Board Options Exchange will launch continuous futures contracts for Bitcoin and Ethereum on Dec. 15, Bloomberg reports. The new products will expand CBOE's cryptocurrency derivatives offerings.

Bitcoin rose about 2% shortly after U.S. stock markets opened on Nov. 17, briefly topping $96,000 before trading at $95,406, HTX market data show. The digital asset posted the sharp gain within minutes of the opening bell.

Bitcoin fell below $94,000 on Nov. 17, trading at $93,970 with a 1.34% decline over 24 hours, HTX market data show. The drop marked a retreat from recent levels for the leading cryptocurrency.

Bitcoin fell below $95,000 on November 17, trading at $94,929, HTX market data show. The decline marks a retreat from recent price levels for the leading cryptocurrency.

Strategy purchased 8,178 bitcoin for approximately $835.6 million last week at an average price of $102,171 per coin, the company announced on November 17. As of November 16, 2025, Strategy holds 649,870 bitcoin valued at approximately $48.37 billion, with an average acquisition cost of $74,433 per bitcoin.

A BlackRock-linked address transferred 4,880 BTC (worth approximately $467 million) and 54,730 ETH (worth approximately $176 million) to Coinbase on Nov. 17, Onchain Lens data show. The transfers occurred within a 10-minute window.

Bitcoin has declined approximately 25% from its record high of around $126,000 reached on October 6, representing a short-term correction rather than a major downtrend, Bernstein analysts said. Analyst Gautam Chhugani noted in a Monday client report that the decline reflects investor anxiety over the historical four-year cycle pattern—which saw peaks in 2013, 2017, and 2021—with many selling early during fourth-quarter weakness in anticipation of a 2025 repeat. Over the past six months, investors holding Bitcoin for at least one year sold approximately 340,000 BTC (about $38 billion), while roughly $34 billion flowed into spot ETFs and corporate treasuries, largely absorbing the selling pressure. The analysts view the market as part of a multi-year trend defined by institutional participation and moderate cyclical pullbacks, monitoring whether Bitcoin can establish a bottom around $80,000—a level seen after last year's U.S. presidential election.