-
Bitcoin off to a “violent” December
Bitcoin dropped below $86,000 on the first morning of December, plummeting nearly 6% in the past 24 hours. The asset is down over 31% from its October 6 all-time high, and the tumble comes on the heels of two previous difficult months for the asset. This is also bitcoin second-worst fourth quarter, down 24.4%, according to CoinGlass. Timothy Misir, head of research at Blockhead Research Network, called bitcoin’s drop “violent” and the washout a “classic liquidity and positioning event, painful, fast, and crowd-creating.” Meanwhile, while bitcoin ETFs didn’t suffer outflows last week, they closed ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From finance.yahoo.com | Nov 30, 2025
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 fool.com | Nov 30, 2025
Bitcoin is slightly negative for the year, falling by around 5% despite making new all-time highs in early October. With what's shaping up to be a pretty rough November, the question of what usually happens to the big orange coin in December is likely at the front of many investors' minds. So without further ado, here's what to expect next month. ...
From cointelegraph.com | Dec 1, 2025
Bitcoin sellers are getting increasingly louder as several more bearish signals have emerged for this week. In October, Bitcoins monthly moving average convergence divergence (MACD) crossed into bearish territory for the first time in the current bull market. Since 2014, the monthly MACD has flipped red on five separate occasions. In four of those cases, ...