Bitcoin\u2019s price dropped by close to $6,000 a few hours ago, decreasing from over $91,000 to almost $85,000 on Binance.<\/p>\n
The sharp decline happened in less than a few hours, leaving over $650 million worth of liquidated positions \u2013 a stark 390% increase as opposed to the previous 24 hours.<\/p>\n
<\/a>Source: TradingView<\/p>\n As\u00a0CryptoPotato\u00a0<\/em>reported<\/a> yesterday, the market was attempting a slow recovery, and Bitcoin had somewhat settled around $91,000. Unfortunately, the bears had something completely different in mind.<\/p>\n As you can see from the heatmap above, altcoins are also bleeding out. In fact, their losses are, as per usual, larger than BTC\u2019s.<\/p>\n <\/a>Source: Quantify Crypto<\/p>\n XRP is down by 7.3%, SOL by 7%, HYPE by 8.2%, XLM by 8.7%, and so forth. Even ZEC seems to have lost its resilience and has crashed by a whopping 21.6% over the past 24 hours.<\/p>\n All in all, the total cryptocurrency market capitalization is down to $3 trillion, according to CoinGecko. There is a slight discrepancy in the data and CoinMarketCap shows that it\u2019s already below that mark.<\/p>\n The post Bitcoin Tumbles Toward $85K, Crypto Markets Shed Close to $200 Billion<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin\u2019s price dropped by close to $6,000 a few hours ago, decreasing from over $91,000 to almost $85,000 on Binance. The sharp decline happened in less than a few hours, leaving over $650 million worth of liquidated positions \u2013 a stark 390% increase as opposed to the previous 24 hours. Source: TradingView As\u00a0CryptoPotato\u00a0reported yesterday, the […]<\/p>\n","protected":false},"author":0,"featured_media":116832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-116831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116831"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=116831"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/116832"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>Source: TradingView<\/p>\nAs\u00a0CryptoPotato\u00a0<\/em>reported<\/a> yesterday, the market was attempting a slow recovery, and Bitcoin had somewhat settled around $91,000. Unfortunately, the bears had something completely different in mind.<\/p>\nAs you can see from the heatmap above, altcoins are also bleeding out. In fact, their losses are, as per usual, larger than BTC\u2019s.<\/p>\n<\/a>Source: Quantify Crypto<\/p>\nXRP is down by 7.3%, SOL by 7%, HYPE by 8.2%, XLM by 8.7%, and so forth. Even ZEC seems to have lost its resilience and has crashed by a whopping 21.6% over the past 24 hours.<\/p>\nAll in all, the total cryptocurrency market capitalization is down to $3 trillion, according to CoinGecko. There is a slight discrepancy in the data and CoinMarketCap shows that it\u2019s already below that mark.<\/p>\nThe post Bitcoin Tumbles Toward $85K, Crypto Markets Shed Close to $200 Billion<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s price dropped by close to $6,000 a few hours ago, decreasing from over $91,000 to almost $85,000 on Binance. The sharp decline happened in less than a few hours, leaving over $650 million worth of liquidated positions \u2013 a stark 390% increase as opposed to the previous 24 hours. Source: TradingView As\u00a0CryptoPotato\u00a0reported yesterday, the […]<\/p>\n","protected":false},"author":0,"featured_media":116832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-116831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116831"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=116831"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/116832"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/BTCUSD_2025-12-01_08-18-56-scaled.png\"){kind=link}
![<\/a>Source: Quantify Crypto<\/p>\nXRP is down by 7.3%, SOL by 7%, HYPE by 8.2%, XLM by 8.7%, and so forth. Even ZEC seems to have lost its resilience and has crashed by a whopping 21.6% over the past 24 hours.<\/p>\nAll in all, the total cryptocurrency market capitalization is down to $3 trillion, according to CoinGecko. There is a slight discrepancy in the data and CoinMarketCap shows that it\u2019s already below that mark.<\/p>\nThe post Bitcoin Tumbles Toward $85K, Crypto Markets Shed Close to $200 Billion<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s price dropped by close to $6,000 a few hours ago, decreasing from over $91,000 to almost $85,000 on Binance. The sharp decline happened in less than a few hours, leaving over $650 million worth of liquidated positions \u2013 a stark 390% increase as opposed to the previous 24 hours. Source: TradingView As\u00a0CryptoPotato\u00a0reported yesterday, the […]<\/p>\n","protected":false},"author":0,"featured_media":116832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-116831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116831"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=116831"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/116832"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-01-at-8.21.01-scaled.png\"){kind=link}