Bitcoin dips below $85,000 in cryptocurrency rout

Published: Monday, December 1, 2025 at 5:19 pm

Bitcoin Plummets, Crypto Market Reels Amid Broader Tech Sell-Off

The cryptocurrency market experienced a significant downturn on Monday, with Bitcoin leading the decline, dropping below $85,000. This sell-off, which began nearly two months ago, mirrors a broader trend in the technology sector, where many companies are perceived as overvalued.

Bitcoin's recent performance is particularly striking. After reaching a record high of $126,210.50 on October 6th, the digital currency has since plummeted by approximately 33% in just eight weeks. This decline has impacted the entire crypto ecosystem.

Several companies with ties to cryptocurrencies also saw their stock prices fall. Coinbase Global, Robinhood Markets, and Riot Platforms all experienced notable losses. Strategy, a major crypto treasury company, also saw a significant drop.

The downturn extends to crypto ventures associated with President Donald Trump. American Bitcoin, in which Eric and Donald Trump Jr. hold a stake, has fallen significantly since the end of September. Other Trump-related crypto assets, such as the World Liberty Financial token ($WLFI) and the meme coin $TRUMP, have also seen substantial declines in market value.

Analysts attribute the crypto sell-off to several factors. A general risk-off sentiment has driven investors toward safer assets like bonds and gold. Bitcoin futures have fallen sharply in the past month, while gold futures have seen gains. Institutional selling, profit-taking by long-term holders, and a more hawkish Federal Reserve have also contributed to the decline, according to Deutsche Bank analysts. The lack of clear crypto regulation has further fueled uncertainty.

Investors have also been pulling money out of spot Bitcoin ETFs, with November marking the largest monthly outflow since these ETFs began trading earlier this year.

BNN's Perspective: The recent volatility in the cryptocurrency market highlights the inherent risks associated with digital assets. While the long-term trajectory of Bitcoin and the broader crypto market remains uncertain, the current downturn underscores the importance of diversification and careful risk management for investors. The regulatory landscape continues to evolve, and clarity in this area could help stabilize the market.

Keywords: Bitcoin, cryptocurrency, market sell-off, Coinbase, Robinhood, Riot Platforms, Strategy, American Bitcoin, Donald Trump, $WLFI, $TRUMP, spot bitcoin ETFs, institutional selling, Federal Reserve, crypto regulation, gold futures, risk-off sentiment.

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