Tom Lee, head of research at analyst firm Fundstrat Global Advisors, known for his optimistic view of bitcoin, has sharply lowered his expectations for the cryptocurrency. While back in October he insisted that bitcoin would be worth $250,000 by the end of the year, now his forecast is half that.

A well-known crypto-optimist has drastically lowered his forecast. He no longer expects bitcoin at $250,000 

Block, Inc.

Jack Dorsey's fortune is estimated by Forbes at $4.8 billion. The bitcoin creator has 1 million crypto coins that are worth about $87 billion

Baird found coincidences between Twitter co-founder and mysterious bitcoin creator

American Bitcoin Corp

Trump Jr.'s company American Bitcoin owns $350 million worth of bitcoins 

Trump's son urged to buy bitcoin on drawdown. He bets on the price growth to $1 million

NVIDIA Corporation

Meta Platforms, Inc.

Microsoft Corporation

Nvidia's report this week lowered anxiety around a possible AI bubble by 24 hours. Alphabet shares hit a record high thanks to its powerful AI model Gemini 3. Tech giants Microsoft and Nvidia, as well as Claude's chatbot developer Anthropic, announced strategic partnerships, strengthening their position in the AI race. A court in the US dismissed a major antitrust lawsuit for the first time, finding Meta's acquisitions of Instagram and WhatsApp legal. The main events from November 17 to 21 - in our review.

Highlights of the week: Nvidia report, Alphabet's record, crypto's fall

Coinbase Global, Inc.

Robinhood Markets, Inc.

MARA Holdings, Inc.

The total capitalization of cryptocurrencies fell below $3 trillion on November 21 for the first time in seven months, Decrypt <a href="https://decrypt.co/349514/nearly-1b-liquidated-in-an-hour-as-bitcoin-plunges-below-82k">reported.</a> On Friday, positions worth about $1 billion were liquidated in the market in just an hour, it said.

The crypto market collapsed below $3 trillion for the first time in 7 months. It lost almost $1 billion in an hour

October is traditionally a good month for cryptocurrencies, it even has a nickname - <a href="https://www.webopedia.com/crypto/learn/what-is-uptober/">Uptober</a>. But in 2025, it has turned into one of the worst months for cryptocurrencies in the last decade. Rustam Botashev, Partner and Investment Director of Blockreign Fund, wrote in his column for Oninvest how to understand what will happen to the cryptocurrency market next.

Uptober in reverse: how investors can now predict cryptocurrency market movements

Bullish

Deutsche Bank improved its recommendation on shares of cryptocurrency exchange Bullish - from a neutral rating to a recommendation to buy these securities, <a href="https://www.cnbc.com/2025/11/20/deutsche-bank-says-its-time-to-scoop-up-shares-of-this-crypto-exchange.html#selection-1283.0-1283.151">reports </a>CNBC.  Analyst Brian Bedell lowered their target price from $52 to $51, while the new target is 40% higher than the current quotes. The bank revised its position after Bullish shares fell so low that they traded below the price of the IPO, which took place in August.

Deutsche Bank advised to buy shares of crypto exchange Bullish. They fell below the IPO price

Investors on November 18 withdrew a record $523 million from BlackRock's bitcoin exchange-traded fund - iShares Bitcoin Trust, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-11-19/bitcoin-btc-slide-spurs-record-withdrawals-from-blackrock-s-ibit">calculated</a>. This is the largest outflow in a day since the fund's launch, the agency notes. Investors withdrew money from ETFs for the fifth day in a row.

A record amount of money has been withdrawn from the BlackRock bitcoin-ETF. What happens next?

Siemens Energy AG

Schneider Electric S.E.

Roche Holding AG

Bitcoin collapsed below $90k amid investors' flight from risks, but then recovered some of the losses

"Signal to sell": global stocks fall amid investor fatigue and cache shortages

Apple Inc.

Arm Holdings plc

Bitcoin has gone below $90,000 for the first time in seven months, reflecting a general decline in risk appetite and a wave of sell-offs among institutional players. Databricks is in talks for a new round at a valuation of over $130 billion, despite fears of a bubble around artificial intelligence. On these and other topics - in our review of key events for the morning of November 18.

Highlights for the morning: crypto market falls, changes at Apple, AI bets rise

Strategy Inc

If the cryptocurrency's fall accelerates, U.S. stocks could also fall deeper into the red zone

"Extreme fear territory": traders bet on bitcoin collapse to $80 thousand.

The company's securities are losing premium: its capitalization is now just 1.2 times the value of its bitcoin assets