Trends-UK

Bitcoin Plunges to Below $88,000 in Risk-Off Start to December

Cryptocurrencies fell sharply on Monday, bringing fresh momentum to a wide-ranging selloff that appeared to have settled.

Bitcoin slid as much as 5.1% to below $87,000 in early Asia trading, while Ether dropped more than 6% to below $2,900, according to data compiled by Bloomberg. Most tokens followed a similar pattern, with Solana falling more than 7%.

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