Bitcoin ($BTC) halted its rally and traded sideways near $36,800 as macroeconomic uncertainty weighed on crypto markets in November 2025. The focus keyphrase, “crypto sideways November 2025,” encapsulates a month where Moonvember hopes faded amid surprising stagnation. Can digital assets break out, or is more range-bound action ahead?
Bitcoin Stalls at $36,800: November Trading Volumes Dip 18%
Bitcoin ($BTC) capped a brief early-November surge, peaking at $38,200 on November 4 before retracing to $36,800 as of November 12, per CoinMarketCap data. Daily spot trading volumes slid 18% month-to-date, with turnover averaging $21.5 billion versus $26.3 billion in late October. Ethereum ($ETH) also mirrored muted action, slipping 2.6% week-over-week to $1,930. Futures open interest across CME and Binance dropped to $18.2 billion, its lowest since mid-September 2025 (source: Glassnode). The shift erased short-term speculative momentum and cast doubt on the so-called “Moonvember” narrative that had fueled bullish sentiment in October.
Macro Headwinds Stall Crypto Rally: What Market Data Shows
Broader market signals hint at deep-rooted caution. U.S. 10-year Treasury yields held above 4.55% as of November 11 (Bloomberg), fueling risk aversion across global markets. The U.S. Dollar Index advanced 1.7% in November, its fastest monthly climb since February. Meanwhile, the MSCI World Equity Index dipped 1.2% week-over-week, reinforcing the risk-off shift (MSCI, November 2025). Crypto’s sideways grind tracks recent volatility in traditional asset classes, with inflation persistence and mixed labor data driving uncertainty around the Federal Reserve’s December policy move. This confluence of macro forces has stymied capital inflows into digital assets, resulting in the sector’s subdued price action.
How Investors Can Navigate Crypto’s Sideways November
Traders seeking Moonvember gains face tougher setups as volatility decreases and liquidity thins. Short-term momentum traders have been forced onto the sidelines, while spot investors deploying dollar-cost averaging still find Bitcoin ($BTC) technically anchored between key support at $34,500 and resistance at $38,250. Altcoins, such as Solana ($SOL), dropped 7.5% month-to-date—giving sector-rotation plays limited traction. For long-term holders, macro sensitivity underscores the importance of portfolio diversification beyond digital assets. Those monitoring cryptocurrency market trends are focusing on on-chain activity, which recently declined 14% per IntoTheBlock data. Keep track of latest financial news and Treasury yield moves, as any abrupt macro catalyst could revive volatility in November.
Analysts Cautious: No Clear Breakout Signals for Crypto in November
Market consensus suggests crypto will remain range-bound through mid-November, barring a major macro or regulatory shock. Industry analysts at Kaiko and Galaxy Digital note that shrinking trading volumes and lower funding rates support expectations of subdued price action until stronger economic clarity emerges. A delayed Fed pivot or new regulatory action could shift sentiment, but most market strategists expect December to offer clearer direction once inflation and employment data solidify policy expectations.
Crypto Sideways November 2025: What Investors Should Watch Next
This sideways trading pattern highlights how macro uncertainty can override bullish sentiment—even during historically strong periods like “Moonvember.” As crypto markets linger in tight ranges, the focus keyphrase “crypto sideways November 2025” remains a critical watchpoint. Investors should monitor macro data releases and central bank guidance, preparing to act as catalysts unfold and volatility returns to digital assets.
Tags: crypto, BTC, macro uncertainty, trading volumes, Moonvember
