Why is Crypto Going Down Today?
December 12, 2025 · 5:22 PM
The crypto market experienced a significant downturn, with most tokens showing little to no gains over the past 24 hours. This decline was triggered by Bitcoin's rapid drop of $2,000 in just 35 minutes, resulting in a loss of $40 billion in market capitalization. Additionally, over $132 million in long positions were liquidated within an hour as volatility increased.
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