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1 day agoBitcoin drops below $88,000 as risk-off sentiment resurfaces

Bitcoin fell below $88,000 today, erasing $19 billion in leveraged positions from November’s rally. Ethereum also dropped 2.5% to $3,150 as risk-off sentiment hit crypto markets post-Thanksgiving. Traders are cautious amid rising global volatility, further pressuring digital assets in the first week of December.
Tags:
- Bitcoin
- cryptocurrency
CNBC• By Ayush Samantaray
Explore:Mutual Fund Screening
negative
1 day agoBitcoin drops below $88,000 as risk-off sentiment resurfaces

Bitcoin fell below $88,000 today, erasing $19 billion in leveraged positions from November’s rally. Ethereum also dropped 2.5% to $3,150 as risk-off sentiment hit crypto markets post-Thanksgiving. Traders are cautious amid rising global volatility, further pressuring digital assets in the first week of December.
Tags:
- Bitcoin
- cryptocurrency
CNBC• By Ayush Samantaray
Explore:Mutual Fund Screening
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1 min read
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Bitcoin dropped below $88,000, erasing $19 billion in leveraged bets as global risk-off sentiment resurfaces.
Bitcoin fell below $88,000 today, erasing $19 billion in leveraged positions from November’s rally. Ethereum also dropped 2.5% to $3,150 as risk-off sentiment hit crypto markets post-Thanksgiving. Traders are cautious amid rising global volatility, further pressuring digital assets in the first week of December.

Bitcoin fell below $88,000 today, erasing $19 billion in leveraged positions from November’s rally. Ethereum also dropped 2.5% to $3,150 as risk-off sentiment hit crypto markets post-Thanksgiving. Traders are cautious amid rising global volatility, further pressuring digital assets in the first week of December.
Tags:
- Bitcoin
- cryptocurrency
- Bitcoin
- cryptocurrency
- crypto market
- market update
Dec 1, 2025 • 13:34