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Bitcoin drops 5% below $90,000; bearish factors rack up
Bitcoin fell below $90,000 on Monday, as a selloff gathered pace following the steepest monthly decline since mid 2021, as renewed risk aversion drove investors out of stocks and digital assets. The world’s largest cryptocurrency BTC= fell by as much as 6.1% at one point. By 1120 GMT, it was down 5.2% at $86,461, set for its biggest one-day fall in a month and hovering near last month’s eight-month low of $80,553. Bitcoin shed more than $18,000 in November, as a record amount of money rushed out of the market, making this its largest dollar loss since May 2021, when a number of cryptocurrencies collapsed. Given ... (full story)
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From apnews.com | Dec 1, 2025
Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon Monday, tracking with a broader market sell-off in technology companies that many see as overvalued. Bitcoin slid 6.5% after being down nearly 12% earlier in the day, settling in just above $85,000. The most-traded cryptocurrency is down about 33% since hitting a record ...
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Cryptocurrencies fell sharply on Monday, bringing fresh momentum to a wide-ranging selloff that appeared to have settled. Bitcoin slid as much as 5.1% to below $87,000 in early Asia trading, while Ether dropped more than 6% to below $2,900, according to data compiled by Bloomberg. Most tokens followed a similar pattern, with Solana falling more than 7%. The ...
From finance.yahoo.com | Dec 1, 2025
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