Bitcoin Drops Below $88,000 Amid Market Turmoil
TL;DR
Cryptocurrencies, led by Bitcoin and Ether, experienced a sharp decline amid ongoing selloff concerns, with Bitcoin dropping below $88,000 and traders wary of further declines towards $80,000, amid regulatory warnings and weak inflows into Bitcoin ETFs.
- Bitcoin Plunges to Below $88,000 in Risk-Off Start to December Bloomberg.com
- 2 reasons the latest bitcoin meltdown will be harder to recover from than prior crashes Business Insider
- ‘Why is Bitcoin, crypto down?’: Panic after sudden crash; ‘risky start to December’ Hindustan Times
- Bitcoin faces 3 headwinds as the cryptocurrency sits 28% below record high Yahoo Finance
- Bitcoin Bear Market Confirmed, Ether Sees Death Cross CoinDesk
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