Crypto Traders Crushed as Long Positions Are Vaporized in Market Freefall
December 1, 2025 · 5:21 PM
On December 1, 2025, cryptocurrency markets experienced a significant downturn, mirroring declines in U.S. equities. Bitcoin, the largest digital asset, fell over 7.5%, reaching a low of $83,814. This decline also affected altcoins, which saw substantial double-digit losses.
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