📉 Bitcoin Falters: The Fed and Heavy Selling Threaten a Return to $80,000
Welcome to the Daily for Wednesday, November 19, 2025 ☕️
Hello Cointribe! 🚀
Today is Wednesday, November 19, 2025, and like every day from Tuesday to Saturday, we summarize the top news from the past 24 hours you shouldn’t miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡 Weather:
⛈️ Stormy
24h crypto recap! ⏱
🌐 CARF: The United States aligns with the upcoming global crypto reporting standard
The White House is reviewing a proposal to integrate the United States into the CARF, allowing the IRS to access data from crypto accounts held abroad. This initiative marks a turning point in the international tax coordination of cryptocurrencies.
👉 Read the full article
🇪🇺 European Union: Paris and Berlin call for delay of “high-risk” AI Act provisions
France and Germany are requesting a one-year postponement of the “high-risk” section of the upcoming AI Act, citing possible negative effects on innovation. Several MEPs view this as a move favoring long-established tech giants.
👉 Read the full article
📊 Coinbase–Kalshi: Leak reveals launch of institutional-grade prediction markets
Leaks reveal that Coinbase is developing a prediction market platform in collaboration with Kalshi, incorporating USDC tokens for event-based contracts. The project emerges as ethical concerns grow regarding potential market manipulation.
🎮 Crypto of the Day: Gala (GALA)
🧠 Innovation and Added Value
Gala is a Web3 ecosystem focused on gaming, film, and music, with a core mission of returning true ownership of digital assets to users — including in-game items, characters, skins, NFTs, and rewards.
The project is built on GalaChain, an in-house blockchain designed to reduce fees, speed up interactions, and improve the developer experience. It allows games and their assets to be hosted natively while remaining interoperable with Ethereum and other compatible networks.
Gala also features a decentralized node system operated by the community, which powers the platform and enhances network resilience.
With a growing presence in Web3 gaming, cinema, and creative platforms, Gala aims to build a digital entertainment infrastructure for hundreds of millions of users.
💰 The Token
The GALA token powers the entire ecosystem. It is used to purchase in-game assets, access exclusive experiences, pay fees on GalaChain, and participate in community governance.
Node operators — known as “Founder’s Nodes” — earn GALA rewards for running the infrastructure and supporting hosted games and services.
The token plays a key economic role: it fosters a model where players and creators are rewarded for their engagement, creating a self-sustaining economic loop based on real usage.
📊 Real-Time Performance
💵 Current Price: $0.008167
📉 24h Change: –7.35%
💰 Market Cap: $380.91M
🏅 CoinMarketCap Rank: #123
🪙 Circulating Supply: 46.63B GALA
📊 24h Trading Volume: $53.26M
Bitcoin’s Drop Toward $80,000 Looms as Institutions Exit the Market
Bitcoin is undergoing a sharp correction, erasing nearly all of its recent gains in just a few weeks. After hitting an all-time high of $126,000, the cryptocurrency is now trading below $90,000, briefly dipping under $89,000. This decline is not merely technical — it results from a combination of macroeconomic and behavioral forces that have weakened the market.
The Fed’s U-Turn Broke Bitcoin’s Momentum
One of the key drivers of the recent bull run was the strong expectation of monetary easing by the U.S. Federal Reserve (Fed) and increasing institutional demand through spot Bitcoin ETFs.
Traders had priced in a favorable environment, assuming rate cuts were nearly guaranteed and global liquidity would rise.
That scenario collapsed within weeks. The odds of a rate cut plummeted from 90% to 40%, while real short-term yields stayed above 5%, strengthening the U.S. dollar. This shift changed everything: under tighter financial conditions, Bitcoin lost its appeal as an alternative investment.
The consequences were immediate: Bitcoin ETFs saw $1.1 billion in outflows over a few days. This was not panic-selling but rather a rational portfolio reallocation by institutional investors reducing their risk exposure. As institutional demand vanished, the main support holding Bitcoin at record levels disappeared.
Long-Term Holders Take Profits and Drain Demand
After this macroeconomic shock, long-term holders also reacted.
Wallets that accumulated BTC between $40,000 and $80,000 began to sell heavily as volatility returned. Nearly 815,000 BTC were offloaded in a month, triggering a mechanical price drop.
This left the market in a paradoxical state: no major buyer remains. Institutions are retreating, retail investors are waiting for lower prices, and long-term holders are standing by before re-entering.
Three conditions must now be met for stabilization to occur:
the purge of speculative leverage in derivatives markets,
the end of selling pressure from historical holders,
and the return of fresh capital to inject liquidity into the market.
Until these conditions are in place, the trend remains bearish, with a real risk of testing the $80,000 zone — a level that serves both as a technical threshold and a potential entry point for new investors.
