Crypto traders have long been obsessed with how much Bitcoin it will take to buy a Lamborghini. But after a dismal November for Bitcoin and other cryptocurrencies, an old joke has resurfaced online: crypto bros lining up for jobs at McDonald’s.
Even McDonald’s doesn’t hire crypto bros pic.twitter.com/Uz5SbqShay
– Not Jerome Powell (@alifarhat79) November 17, 2025
McDonald’s memes have emerged during other slow times for Bitcoin. In early 2022, Nayib Bukele, the president of El Salvador who made Bitcoin legal tender in his country, Photoshopped himself wearing a McDonald’s uniform after the cryptocurrency’s collapse. Now these memes and jokes are back.
McDonalds is seeing a record increase in applicants, as the crypto market continues its free fall. pic.twitter.com/lRMkQFYMAW
– Matt Davio (@MissTrade) November 18, 2025
The sharp drop in cryptocurrency prices in November followed an “Uptober” (cryptocurrencies speak of a bullish October) that never happened. Bitcoin has fallen about 22% over the past month to its current price of around $90,000. Meanwhile, Ethereum is down around 27% from its current price of around $3,017, and Solana is down around 28% from its current price of $144.
For much of November, the decline in cryptocurrencies coincided with uncertainty over a Federal Reserve rate cut in December and also with the demise of tech stocks as investors appear to be bracing for an AI bubble.
“The first three weeks of November were down for BTC alone, with digital assets dragged lower by the broader stock market correction as the risk-aversion rotation took hold,” said Jasper De Maere, desk strategist at Wintermute. “(This is) driven first by the Fed’s hawkish turn, then by renewed fears about AI growth despite Nvidia’s good numbers.”
Bitcoin has recovered about 11% since hitting its lowest level of around $81,000 on Friday. Its rise in recent days came as the possibility of a December Fed rate cut re-emerged. Still, the original cryptocurrency is down about 29% since its high of around $126,000 about two months ago.
The recent cryptocurrency downturn began on October 10, when traders lost $19 billion on their positions. Investors are also hesitant to jump into risky assets as the specter of an AI bubble looms.
Despite the gains of the past two days, crypto traders may have to endure more McDonald’s jokes from their extended families this Thanksgiving.
– Steven Bonebrake (@StevenBonebrake) November 20, 2025
