The cryptocurrency market faced a significant downturn on November 12, 2025, resulting in over $335 million in long positions being liquidated within 24 hours. Bitcoin's price fell by 1.7% to $103,392, while Ethereum saw a 3.3% decline to $3,443. This market volatility comes as traders exhibit caution ahead of the upcoming U.S. Consumer Price Index (CPI) report on November 14, which could influence the Federal Reserve's policy decisions. The Fear & Greed Index dropped to 24, reflecting extreme fear among investors.