Bitcoin's steep drop may 'spill over' into stock market
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Bitcoin has erased all of its 2025 gains and is on track for its worst monthly performance since 2022. Here's what experts say about the decline.
Now, as fears swirl of another $1 trillion bitcoin and crypto market sell-off, traders are scrambling to get ahead of the Federal Reserve after the delayed jobs data drastically reduced the possibility of a December interest rate cut—which had been expected to support risk assets like bitcoin.
Bitcoin has fallen to a seven-month low and ether to a four-month low. Cryptocurrencies have lost around $1.2 trillion worth of value in just six weeks.
Bitcoin is on track for its worst month since 2022 amid a host of selling pressures that have derailed this year's bull rally in crypto.
As Bitcoin’s market cap sheds over $1 trillion, analysts say “smart money” is quietly buying the dip — even as The Economist questions crypto’s resilience.
“Based on dealer inventory for BTC options on Deribit, also known as the gamma exposure levels, dealers will be accelerating a move lower until Bitcoin hits $80,000,” said Greg Magadini, director of derivatives at Amberdata. “At $80,000, dealers are long gamma once again forcing them to be BTC buyers at those prices.”
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Bitcoin sheds 10% in a week as investors continue flight from risk assets: CNBC Crypto World
On today's episode of CNBC's Crypto World, bitcoin drops as low as $80,000 as the selling pressure on the crypto market continues. Plus, Michael Saylor of Strategy discusses the company's recent bitcoin buy in an exclusive interview at Clear Street Disruptive Technology Conference.
Bitcoin is heading for its biggest monthly drop since the 2022 crypto crash, following weeks of a massive sell-off.
Bitcoin teeters near $80K as liquidations, ETF outflows and weak Fed signals raise the risk of a broader market selloff.
The plunging value of Bitcoin is piling pressure on the securities Strategy Inc. has been issuing in bulk to buy the asset, raising questions about the financing model of the world’s largest crypto treasury firm.
On Nov. 21, Cramer aimed at what he called “consistent bullish crypto cheerleaders,” predicting Bitcoin will reach $1 million by 2030.