- Starknet’s price plunged as major cryptocurrencies fell to key support levels.
- On November 18, 2025, STRK dropped nearly 20%, reaching a low of $0.17.
- STRK fell sharply as Bitcoin slid to a low of $89,500.
The native Starknet token suffered losses as cryptocurrencies declined on Monday, November 17, 2025, and bearish pressure extended into Tuesday, when STRK fell almost 20% to a low of $0.17.
At the time of writing, Starknet was down about 14% over 24 hours at roughly $0.19. This decline contrasted with gains for Internet Computer, Hyperliquid and other projects.
Notably, the altcoin mirrored losses in Zcash, the largest privacy-focused coin by market capitalization, which also experienced significant moves.
Starknet drops 20% amid broader crypto sell-off
When the crypto market entered a sharp downturn on November 17, Starknet’s price tumbled.
The sell-off was driven by a combination of factors, including macroeconomic jitters and geopolitical tensions, as heightened selling pressure in major assets spilled over into altcoins.
For example, Bitcoin, the market bellwether, lost more than 4%, falling to a low near $89,500.
That move pushed total global market capitalization down to $3.13 trillion. Trading volume rose about 45% on November 18 to more than $247 billion, and Ethereum’s price dipped to lows near $3,000.
XRP, BNB and Solana also posted notable losses, contributing to global liquidations that topped $1 billion.
Starknet, which had benefited from recent momentum among privacy coins, followed the broader market decline.
The Layer-2 zero-knowledge solution saw its token STRK slide from a high of $0.22 to $0.17. The roughly 20% drop erased much of the token’s recent 50% rally.
As the chart below shows, Starknet had recently printed four consecutive green daily candles, peaking near $0.24. After Monday’s pullback, weekly gains have narrowed to about 22%.
Has STRK already hit the bottom of the sell-off?
Market observers note that while Starknet’s TVL (total value locked) remains solid above $340 million, the token’s correlation with Bitcoin has exposed it to the flagship coin’s volatility.
The timing could not have been worse for Starknet.
This week the project announced a multi-million dollar initiative to enable Bitcoin staking. The milestone aims to bridge the Ethereum and Bitcoin ecosystems through a BTCFi offering on Starknet.
As the crypto market absorbs some of the selling pressure, finding support around the $0.16–$0.17 range could be crucial for bulls.
If that level holds, STRK could target $0.24 and potentially retest yearly highs above $0.78, with the $1 psychological level remaining a longer-term objective.
Integration with Bitcoin positions the platform uniquely for cross-chain growth. A rising Bitcoin DeFi ecosystem, coupled with Ethereum upgrades that improve Layer-2 efficiency, could further support upside potential.
However, near-term risks remain, including a prolonged Bitcoin bear market that could allow sellers to push prices lower.
Bulls previously saw STRK trade at a historical low below $0.04 on October 10, 2025. Current prices still represent roughly a 305% gain since that bottom.