Continue Reading
Full article on Unknown
Bitcoin Erases Year’s Gain as Crypto Bear Market Deepens
Market Intelligence Analysis
AI-Powered
Why This Matters
Bitcoin's price has fallen below its closing level at the end of last year, erasing its year's gain and deepening the crypto bear market. The price drop is attributed to a risk-off market sentiment, with investors becoming more cautious. Bitcoin's price had previously reached a record high of $126,251 before plummeting.
Market Impact
Market impact analysis based on bearish sentiment with 82% confidence.
Sentiment
Bearish
AI Confidence
82%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The dominant cryptocurrency fell below $93,714 on Sunday, pushing the price beneath the closing level reached at the end of last year, when financial markets were rallying following President Donald Trump’s election victory. Bitcoin soared to a record $126,251 on Oct. 6, only to begin tumbling four days later after unexpected comments on tariffs by Trump sent markets into a tailspin worldwide. “The general market is risk-off,” said Matthew Hougan, the San Francisco-based chief investment officer for Bitwise Asset Management.
Original article published by
Unknown
on November 17, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.