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Bitcoin Plunges to Below $88,000 in Risk-Off Start to December
Market Intelligence Analysis
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Why This Matters
Bitcoin and Ether prices plummeted in early December, with Bitcoin dropping below $88,000 and Ether below $2,900, following a weeks-long selloff in the crypto market.
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.
Bitcoin slid as much as 4.3% to below $88,000 in early Asia trading, while Ether dropped 6% to below $2,900, according to data compiled by Bloomberg. The crypto market is on shaky ground after a weeks-long selloff that began when some $19 billion in levered bets were wiped out in early October, just days after Bitcoin set an all-time high of $126,251.
Original article published by
Unknown
on December 1, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.