Crypto Market Drops, Investors Watch US Economy
Update: 2025-12-01
Description
Cryptocurrencies, particularly Bitcoin and Ether, experienced another significant drop, with Bitcoin falling below eighty-eight thousand dollars and Ether dipping below two thousand nine hundred dollars. This downturn follows a weeks-long selloff triggered by a nineteen billion dollar loss in leveraged investments. Traders are bracing for further drops, with Bitcoins eighty thousand dollar mark serving as a critical support level. The coming week will provide insights into the US economy, with potential interest rate changes impacting the crypto market.
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