NASDAQ Decline Impacts Major US Crypto Stocks

On November 21, 2025, after an initial rally, the NASDAQ declined over 2%, with US crypto-related stocks like MicroStrategy and Coinbase facing downward pressure.

The event highlights interconnectedness between traditional and crypto markets, illustrating volatility impacts across stocks and digital assets amid broader market risk sentiments.

NASDAQ Fall Triggers Crypto Stock Declines and Volatility

Following the NASDAQ’s decline below 22,000 points, US crypto-related stocks experienced downward pressure. Companies such as MicroStrategy and Riot Blockchain saw significant declines. The market volatility was evident, with Bitcoin’s price also falling sharply, reflecting a broader risk-off sentiment. Notably, no significant public statements were issued by industry leaders like Michael Saylor concerning this event, suggesting a perception of these declines as part of regular market fluctuations. Meanwhile, the absence of emergency commentary from US regulators emphasized the routine market nature of these falls.

Michael Saylor, Chairman, MicroStrategy, – “Bitcoin is the dominant, superior store of value in the digital age. Don’t sweat day-to-day volatility—focus on fundamentals and time horizon.”

Michael Saylor, Chairman, MicroStrategy, – “Bitcoin is the dominant, superior store of value in the digital age. Don’t sweat day-to-day volatility—focus on fundamentals and time horizon.”

Bitcoin Drops Below $84k Amid Technical Stock Influence

Did you know? Earlier similar market actions in March 2023 and May 2022 saw comparable declines in Nasdaq-linked crypto stocks, highlighting enduring trends of crypto and tech stocks moving in tandem during high volatility periods.

Bitcoin (BTC) currently trades at $83,099.51, recording a significant decline over recent periods: -7.69% over 24 hours and -27.62% over 90 days, per CoinMarketCap. Market capitalization stands at approximately $1.66 trillion, while trading volume surged 61.35% to $138.86 billion in the last 24 hours. Circulating supply nears 20 million, approaching its capped 21 million limit.

According to the Coincu research team, historical performance of crypto stocks in tandem with NASDAQ suggests potential cyclical recoveries, contingent on broader economic indicators and liquidity factors. Regulatory landscapes continue evolving, making technology investments pivotal for distinguishing future crypto sector resilience.