- Starknet’s price plunged sharply as major cryptocurrencies fell to key support levels.
- On November 18, 2025, STRK dropped nearly 20% to test lows around $0.17.
- STRK plunged as Bitcoin slid to lows near $89,500.
Starknet’s native token took a heavy hit during a broad crypto sell-off on Monday, November 17, 2025, with downward pressure extending into Tuesday as STRK fell almost 20% to lows near $0.17.
At the time of writing, Starknet was down about 14% over 24 hours, trading around $0.19. The drop stood in contrast to gains posted by Internet Computer, Hyperliquid and others.
Notably, the altcoin’s movement mirrored losses in privacy-focused coins such as Zcash, which also experienced notable price action.
Starknet drops 20% amid broader crypto rout
When the crypto market entered freefall on November 17, Starknet’s price declined sharply.
Several drivers—rising macroeconomic anxiety and geopolitical tensions among them—amplified selling pressure across major assets, which then spilled over into altcoins.
For example, Bitcoin, the market bellwether, lost more than 4% to reach a low near $89,500.
That move pushed global market capitalization down to about $3.13 trillion. Trading volume rose roughly 45% on November 18, topping $247 billion, while Ethereum’s price slipped to lows around $3,000.
XRP, BNB and Solana also posted significant declines, contributing to global liquidations that exceeded $1 billion.
Starknet, which had benefited from recent momentum in privacy coins, was not immune.
The layer-2 solution powered by zero-knowledge proofs saw its STRK token fall from highs near $0.22 down to $0.17. The nearly 20% drop wiped out a large portion of the token’s recent 50% rally.
As illustrated in the chart below, Starknet’s price had recently printed four consecutive daily green candles, peaking around $0.24. After Monday’s sell-off, weekly gains have fallen to roughly 22%.
Is the STRK plunge over?
Market watchers note that while Starknet’s TVL (total value locked) remains solid—above $340 million—the token’s correlation with Bitcoin leaves it vulnerable to the flagship asset’s volatility.
The timing could hardly be worse for Starknet.
This week the project announced a multimillion-dollar program focused on Bitcoin staking, aiming to bridge Ethereum and Bitcoin ecosystems through Starknet’s BTCFi offering.
As crypto markets absorb some of the recent selling pressure, finding a floor around the $0.16–$0.17 range could prove critical for bulls.
If that support holds, STRK could target $0.24 and potentially reclaim multi-month highs above $0.78, while the primary short-term psychological target remains $1.
Starknet’s Bitcoin integration positions the platform well for cross-chain growth. Expanding Bitcoin DeFi, together with Ethereum upgrades that improve layer-2 efficiency, underpin a constructive long-term case.
That said, shorter-term risks remain: a prolonged Bitcoin downturn could allow sellers to push prices lower.
Bears previously drove STRK to an all-time low below $0.04 on October 10, 2025. Since that trough, prices have climbed roughly 305% to current levels.