Bitcoin slid below $86,000–$87,000 as December began — marking a drop of over 4 % in 24 h. ABP Live+2Cryptonews+2
The broader crypto market saw sharp declines; the fall is being attributed mainly to macroeconomic pressure and risk-off sentiment rather than crypto-specific developments. FXStreet+2mint+2
Some analysts warn that BTC could test support around $80,000 if selling continues. FXStreet+1
Bitcoin slid below $86,000–$87,000 as December began — marking a drop of over 4 % in 24 h. ABP Live+2Cryptonews+2
The broader crypto market saw sharp declines; the fall is being attributed mainly to macroeconomic pressure and risk-off sentiment rather than crypto-specific developments. FXStreet+2mint+2
Some analysts warn that BTC could test support around $80,000 if selling continues. FXStreet+1
The start of December coincides with major macro events: The Federal Reserve (Fed) is ending its quantitative tightening (QT) program today, and markets are watching closely. BeInCrypto+2Bitget+2
⚠️ Factors behind the drop
One immediate catalyst: a liquidity scare after a security incident at Yearn Finance, which rattled confidence across crypto markets. CoinDesk+1
On a macro level, investors are in “risk-off” mode — many large holders reportedly liquidating positions, while uncertainty looms ahead of critical U.S. economic signals this week (incl. central-bank moves). TradingView+2BeInCrypto+2
