Snapshot (Dec 1, 2025): Bitcoin (BTC) is trading around $86.7k, down roughly ~5% in 24 hours, after an early-December selloff that pushed price into the mid-$80k range. CoinMarketCap shows BTC’s market cap near $1.72–$1.73 trillion and a significant intraday volume spike as traders reacted to risk-off flows.
Why price moved today: Reuters and other outlets report the drop was driven by widening risk aversion, falling volatility, and rising correlation with equities — plus ETF outflows and specific market headlines that pressured sentiment. The Reuters piece noted Bitcoin fell to about $86.8k and tied the move to broader risk-off positioning and heavy November outflows from spot-BTC ETFs.
Market context — numbers that matter
Price: ≈ $86.7k (recent live quote).
24-hour change: Down ~5%.
Market cap: ≈ $1.72T–$1.73T.
24-hour volume: Elevated (CoinGecko reports a large jump in trading volume), indicating active rebalancing / selling pressure.
