Bitcoin extended its decline through November, with prices dropping under $90,000 briefly before bouncing back to around $92,000. The slide has pulled the entire crypto market lower, with about $1.2 trillion erased in six weeks.

Bitcoin has fallen nearly 30% from its all-time high of $126,000, touching a low of $87,000 during the recent selloff. Other major tokens have also weakened. Despite the drop, traders say the pattern is familiar. The market describes it as “pretty cyclical” and notes that similar crashes tend to occur every four to five years, which some investors consider potential entry points.

El Salvador is using the correction to add to its reserves. President Nayib Bukele said the country bought “$100 million in one day,” increasing its holdings by about 17%. El Salvador

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