{"id":5617,"date":"2025-12-01T15:16:09","date_gmt":"2025-12-01T15:16:09","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/12\/01\/bitcoin-price-plunges-8-to-84000-as-december-opens-with-more-market-jitters\/"},"modified":"2025-12-01T15:16:09","modified_gmt":"2025-12-01T15:16:09","slug":"bitcoin-price-plunges-8-to-84000-as-december-opens-with-more-market-jitters","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/12\/01\/bitcoin-price-plunges-8-to-84000-as-december-opens-with-more-market-jitters\/","title":{"rendered":"Bitcoin Price Plunges 8% to $84,000 as December Opens With More Market Jitters"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/bitcoin-price-plunges-8-to-84000\">Bitcoin Price Plunges 8% to $84,000 as December Opens With More Market Jitters<\/a><\/p>\n<div><\/div>\n<p>Bitcoin price fell sharply to the mid-$84,000s early Monday, sliding 8% over the past 24 hours as a wave of macro anxiety, thin liquidity and fresh crypto-native stress hit markets simultaneously.\u00a0<\/p>\n<p>The world\u2019s largest digital asset traded between a 24-hour high of $91,866 and a low of $84,722, extending a two-month drawdown that has now erased more than 30% from October\u2019s record highs, according to <em>Bitcoin Magazine Pro <\/em>data.\u00a0<\/p>\n<p>The downturn marks a swift reversal from last week\u2019s tentative recovery. After <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-flash-crashes-to-80000\">plunging<\/a> below $81,000 on Nov. 21, the Bitcoin price steadily climbed into the end of November and briefly pushed above $92,500 during Black Friday\u2019s morning session.\u00a0<\/p>\n<p>But momentum reversed again Sunday evening, with BTC slipping back below $85,000 early Monday. At the time of writing, the bitcoin price is $86,469. \u00a0<\/p>\n<h2 class=\"wp-block-heading\">Why is Bitcoin price dipping?\u00a0<\/h2>\n<p>Multiple forces might be behind the renewed selloff. The most immediate shock could be from a <a href=\"https:\/\/finance.yahoo.com\/news\/yearn-finance-yeth-suffers-major-044612480.html\" target=\"_blank\">security incident<\/a> at Yearn Finance, where a flaw in the protocol\u2019s yETH pool allowed an attacker to mint an abnormally large amount of tokens.\u00a0<\/p>\n<p>The exploit flooded the pool with invalid supply and triggered a rush for the exits across DeFi \u2014\u00a0 spilling over into majors like BTC and ETH.<\/p>\n<p>But macro pressure has been building in parallel. A sharp <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/boj-consider-pros-cons-rate-increase-december-meeting-ueda-says-2025-12-01\/\" target=\"_blank\">spike<\/a> in Japanese government bond yields \u2014 part of a broader global repricing of interest-rate expectations\u2014sparked a risk-off move in Asia trading hours, hitting an already fragile, low-volume crypto market.<\/p>\n<p>Comments from Bank of Japan Governor Kazuo Ueda <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/12\/01\/crypto-markets-today-hawkish-boj-comments-spur-sharp-btc-downturn\" target=\"_blank\">signaled<\/a> the possibility of a December rate hike \u2014 an event that would be Japan\u2019s first move away from negative interest rate policy in years.\u00a0<\/p>\n<p>The remarks sent Japan\u2019s 30-, 10-, and 2-year government bond yields to their highest levels since 2008. A stronger yen could force hedge funds that borrow cheaply in Japan to unwind carry trades, adding fresh pressure to bitcoin and other risk assets.<\/p>\n<p>According to 10x Research, last week <a href=\"https:\/\/bloomingbit.io\/en\/feed\/news\/101646\" target=\"_blank\">marked<\/a> one of the lowest-liquidity stretches since July, leaving order books thin and amplifying the impact of institutional selling.<\/p>\n<p>The result was a deeper drawdown than fundamentals alone might suggest. Bitcoin\u2019s market depth evaporated over the weekend, turning what might have been a modest correction into a full-scale liquidity event.\u00a0<\/p>\n<p>More than 220,000 traders were liquidated over 24 hours, with total losses exceeding $630 million.<\/p>\n<p>The derivatives picture underscores the imbalance: Bitcoin price futures open interest fell by $1.1 billion leading into the decline, suggesting traders had already started de-risking.\u00a0<\/p>\n<p>Monetary policy uncertainty remains at the center of investors\u2019 anxiety. Markets now assign an 80%\u201387% <a href=\"https:\/\/www.foxbusiness.com\/politics\/traders-bet-big-fed-rate-cut-december-odds-soar-above-80-prediction-markets\" target=\"_blank\">probability<\/a> that the Federal Reserve will cut rates by 25 basis points at its Dec. 9\u201310 meeting.<\/p>\n<p>Rate cuts <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-holds-its-breath-as-fed-cuts-rates\">would be supportive<\/a> for the Bitcoin price, boosting liquidity and risk appetite. But if the Fed opts to hold steady, traders fear a sharper unwind across risk assets.<\/p>\n<p>Corporate developments added another wrinkle. Strategy Inc. (formerly MicroStrategy) said Monday it created a $1.4 billion reserve\u2014funded by common-stock sales\u2014to cover at least 21 months of preferred-stock dividend payments amid Bitcoin\u2019s slide.\u00a0<\/p>\n<p>The company, which now holds 650,000 BTC, also reported purchasing another 130 BTC last week for $11.7 million.<\/p>\n<p>Last week, fresh disclosures <a href=\"https:\/\/bitcoinmagazine.com\/news\/bitcoin-price-skyrockets-past-90000\">showed<\/a> BlackRock ramping up its exposure to its own spot Bitcoin ETF while JPMorgan rolled out a high-stakes structured note tied to the fund. <\/p>\n<p>Bitcoin price briefly dipped to $86,129 before rebounding above $90,300 amid ongoing Q4 volatility. BlackRock\u2019s Strategic Income Opportunities Portfolio now holds 2.39 million IBIT shares worth $155.8 million, up 14% from June, signaling deeper internal allocation to BTC-linked assets. <\/p>\n<p>Meanwhile, JPMorgan\u2019s new derivative-style note lets institutions bet on IBIT\u2019s future price, offering a 16% fixed return if targets are met next year, and up to 1.5x upside by 2028 if Bitcoin surges.<\/p>\n<p>At the time of writing, the bitcoin price is rebounding up to $86,469. \u00a0<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/bitcoin-price-plunges-8-to-84000\">Bitcoin Price Plunges 8% to $84,000 as December Opens With More Market Jitters<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Bitcoin Price Plunges 8% to $84,000 as December Opens With More Market Jitters Bitcoin price fell sharply to the mid-$84,000s early Monday, sliding 8% over the past 24 hours as a wave of macro anxiety, thin liquidity and fresh crypto-native stress hit markets simultaneously.\u00a0 The world\u2019s largest digital asset traded between a 24-hour [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":5618,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5617","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5617"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5618"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}