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The speculative economy Is collapsing.

Thread starter syed putra
Start date Sunday at 10:25 AM

syed putra

Alfrescian

Loyal

Sunday at 10:25 AM

Popular crypto company files for Chapter 15 bankruptcy as Bitcoin crashes

Anand Sinha
Fri, November 21, 2025 at 4:51 AM GMT+8 2 min read

In this article:The cryptocurrency market crash took a drastic turn as the total market cap dropped to $3.13 trillion on Nov. 20.

Bitcoin (BTC) crashed below the $87,000 price mark, down 2.45% in the last 24 hours.

Related: Veteran trader who called 2018 Bitcoin collapse now predicts 35% crash

Within the last 24 hours, more than $370 million in BTC positions have been wiped out. Overall, crypto positions worth more than $900 million have been liquidated.

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