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Bitcoin has shed almost $800 billion since its October peak. What's behind the plunge?
Bitcoin continued to slide on Friday, extending a weeks-long slump that has wiped out nearly $800 billion in value since the cryptocurrency hit its 2025 peak last month. The downturn has stripped away all of bitcoin's gains this year — and raised questions about where it might go from here. Since closing at almost $125,000 on Oct. 6, its highest price this year, bitcoin has shed about one-third of its value. On Friday, bitcoin sank below $82,000 before rebounding slightly to $83,509 before noon EDT, according to CoinGecko, a cryptocurrency data aggregator. The cryptocurrency, which is trading at its lowest level ... (full story)
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From cbsnews.com | Nov 22, 2025
Bitcoin continued to slide on Friday, extending a weeks-long slump that has wiped out nearly $800 billion in value since the cryptocurrency hit its 2025 peak last month. The downturn has stripped away all of bitcoin's gains this year — and raised questions about where it might go from here. Since closing at almost $125,000 on Oct. 6, its highest price this ...
From morningstar.com | Nov 22, 2025
U.S. stocks staged a furious comeback rally on Friday as investors once again swooped in to buy the dip ahead of the weekend. Bitcoin prices, on the other hand, continued to sink. The rebound helped save the Nasdaq Composite COMP from what would have been its worst weekly percentage-point decline since April. But the index still tallied a third-straight ...
From nypost.com | Nov 21, 2025
Bitcoin plummeted to its lowest level in seven months on Friday, extending a brutal November selloff that has wiped out more than a fifth of its value and knocked the world’s biggest cryptocurrency down to the $80,000 range. The rapid slide has dragged the token roughly 30% below its October record above $120,000 and erased all of its 2025 gains amid waves ...
