On December 1, 2025, the Asian market opened, and the cryptocurrency market encountered a new round of intense selling. Bitcoin (Bitcoin) saw its price plummet over 5%, falling below the $86,000 mark, while Ethereum (Ethereum) and other major tokens followed with a big dump. This big dump caused over 210,000 margin traders to get liquidated, leading to strong risk aversion in the market. Analysts pointed out that the depletion of funds flowing into Bitcoin spot ETF and macroeconomic uncertainty are the core concerns of the current market.
Asian market opens with a "flash crash": widespread failure and panic spreading.
On the first day of December 2025, the Asian trading session brought a "safe-haven" start to the Crypto Assets market. Early Monday morning Beijing time, Bitcoin's price suddenly plummeted, dropping more than 5.1% at one point, breaking through the $86,000 support level. As of the time of writing, the Bitcoin price is temporarily reported at $8.