December 1, 2025 / 12:43 PM EST / CBS News
Bitcoin prices spiralled lower on Monday, temporarily dipping below $85,000 as investors continue a selloff that began in October.
The cryptocurrency dropped more than 8% in the last 24 hours alone, falling to $84,096 as of 11:15 a.m. on Monday, according to data aggregator CoinGecko. Bitcoin has lost roughly a third of its value since Oct. 6, when it hit a record high of nearly $125,000. The slump has wiped out more than $750 billion in the digital currency's total market value, CoinGecko shows.
Bitcoin's plunge pulled other crypto-related stocks
Bitcoin prices spiralled lower on Monday, temporarily dipping below $85,000 as investors continue a selloff that began in October.
The cryptocurrency dropped more than 8% in the last 24 hours alone, falling to $84,096 as of 11:15 a.m. on Monday, according to data aggregator CoinGecko. Bitcoin has lost roughly a third of its value since Oct. 6, when it hit a record high of nearly $125,000. The slump has wiped out more than $750 billion in the digital currency's total market value, CoinGecko shows.
Bitcoin's plunge pulled other crypto-related stocks
Bitcoin prices extend slide, falling below $85,000 - CBS News
Bitcoin has lost roughly a third of its value since Oct. 6, when the cryptocurrency hit a record high of nearly $125,000.
https://www.cbsnews.com/news/bitcoin-price-86000-cryptocurrency-slide-november/
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