Bitcoin Slide Resumes in a Risk-Off Start to Dec.
Bloomberg Intelligence Senior Research Analyst James Seyffart discusses the evolving crypto and ETF markets.
Bloomberg Intelligence Senior Research Analyst James Seyffart discusses the evolving crypto and ETF markets. Cryptocurrencies fell sharply on Monday, bringing fresh momentum to a wide-ranging selloff that appeared to have settled. Bitcoin slid as much as 7% to below $85,000 in early New York trading, before paring the decline. Ether dropped around 7% to below $2,800, according to data compiled by Bloomberg. Most tokens followed a similar pattern, with Solana falling around 8%. The crypto...