US EditionBitcoin Dips Below $85,000 in Crypto Currency Rout
Bitcoin declined 33% over eight weeks amid institutional selling, a hawkish Federal Reserve, and stalled crypto regulation, while related stocks and futures also dropped sharply.
- On Monday, Bitcoin slid more than 7% to below $85,000, extending a nearly two-month swoon and a 33% decline from its Oct. 6 record of $126,210.50.
- Deutsche Bank analysts attributed declines last week to institutional selling, profit-taking by long-term holders, a hawkish Federal Reserve and stalled crypto regulation.
- Stocks across the crypto industry dropped, with Coinbase Global down 4%, Robinhood Markets down 5.2%, Strategy tumbling 10.3%, Riot Platforms falling 5.4%, and a company holding 649,870 bitcoin worth about $55 billion at 11 a.m. ET Monday.
- Spot bitcoin ETFs experienced significant outflows as investors pulled $3.6 billion in November, while American Bitcoin fell 9.3% and gold futures rose almost 7%.
- Bitcoin futures are down nearly 24% in the past month, and analysts said the rout tests Bitcoin's portfolio integration and raises questions about a temporary correction or longer adjustment.
47 Articles
47 Articles
Washington Top News
Bitcoin dips below $85,000 in crypto currency rout
Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon Monday, tracking with a broader market sell-off in technology companies that many see as overvalued. Bitcoin, which soared to a record $126,210.50 on Oct. 6 according to crypto trading platform Coinbase, slid 11.8% to below $85,000. That’s a decline of about 33% in just eight weeks. Stocks across the crypto industry tumbled, with Coinbase Global sinking 5.1% and onl…
Associated Press News
Bitcoin briefly dips below $85,000 in crypto rout
Bitcoin and companies tied to cryptocurrencies have extended a nearly two-month swoon, tracking with a broader market sell-off in technology companies that many see as overvalued.
Bitcoin briefly slips below $85,000 amid broad crypto downturn - The New Nation
NN ONLINE: Bitcoin and cryptocurrency-linked firms deepened a nearly two-month decline on Monday, mirroring a wider sell-off in tech stocks that many analysts view as overpriced. Bitcoin dropped 5.6%—after tumbling nearly 12% earlier—ending the day just above $85,000. The world’s most heavily traded cryptocurrency has fallen about 33% since hitting a record high of $126,210.50 on Oct. 6, according to Coinbase. Its earlier surge from April had tr…
Bitcoin Falls Below $85,000 Amid Crypto Market Decline
Key Insights: Bitcoin falls below $85K, losing 33% since its record high of $126,210 in early October. Crypto-linked stocks, including Coinbase (NASDAQ: COIN), Robinhood (NASDAQ: HOOD), and Strategy (NASDAQ: MSTR), decline amid market sell-off. Spot bitcoin ETFs face $3.6B outflow in November, the largest since their launch in January 2024. Bitcoin declined to below $85,000 on December 1, 2025, after the 11.8% decline of its record price of $12…
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