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Bitcoin Price Slumps Below $85K. A Few Reasons Cryptos Are Down Big Today.
Market Intelligence Analysis
AI-Powered
Why This Matters
Bitcoin's price has dropped below $85,000, with a 9% decline over the past 24 hours, contributing to a broader cryptocurrency selloff.
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 price of Bitcoin slumped below $85,000 early Friday as the cryptocurrency selloff deepened. Bitcoin continued to fall overnight, trading at $83,782 early Friday, down 9% over the past 24 hours. It’s “possible that Bitcoin’s early morning slump contributed to the market’s reversal later in the day,” Interactive Brokers’ chief strategist Steve Sosnick wrote Thursday afternoon.
Original article published by
Unknown
on November 21, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.