{"id":116888,"date":"2025-12-01T09:15:50","date_gmt":"2025-12-01T09:15:50","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=116888"},"modified":"2025-12-01T09:15:50","modified_gmt":"2025-12-01T09:15:50","slug":"live-crypto-news-today-december-1-why-is-crypto-crashing-today-bitcoin-hits-85k-low-amid-600m-liquidations-and-yen-carry-trade-unwind-best-crypto-to-buy-now","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=116888","title":{"rendered":"[LIVE] Crypto News Today, December 1 \u2013 Why Is Crypto Crashing Today? Bitcoin Hits $85K Low Amid $600M Liquidations and Yen Carry Trade Unwind: Best Crypto to Buy Now?"},"content":{"rendered":"

The crypto market opened December under heavy selling pressure. <\/span><\/p>\n

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\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\tBitcoin<\/span>
\n\t\t\t\t\tBTC<\/span><\/p>\n

\t\t\t\t\t
\n\t\t\t\t\t\t$86,719.39<\/span>
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\n\t\t\t\t\t\t5.28%<\/span>
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\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\tBitcoin<\/span>
\n\t\t\t\t\tBTC<\/span>
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\n\t\t\t\t\tPrice<\/span>
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\n\t\t\t\t\t\t$86,719.39<\/span>
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\n\t\t\t\t\t\t\t5.28% \/24h<\/span>
\n\t\t\t\t\t\t<\/span>
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\n\t\t\t\t\t\tVolume in 24h<\/span><\/span><\/span><\/p>\n

\t\t\t\t\t
\n\t\t\t\t\t$42.50B<\/span>
\n\t\t\t\t\t<!–
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\n\t\t\t\t\tPrice 7d<\/span>
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\t slipped below $86,000, touched $85,618 at the intraday low, and is now trading near $86,476, a decline of almost 5% on the day. The drop erased more than $200 billion from the total market valuation, bringing it back toward the $3 trillion level.<\/p>\n

Altcoins moved in the same direction: <\/span><\/p>\n

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\n\t\t\t\t\tEthereum<\/span>
\n\t\t\t\t\tETH<\/span><\/p>\n

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\n\t\t\t\t\t\t$2,841.52<\/span>
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\n\t\t\t\t\t\t4.67%<\/span>
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\n\t\t\t\t\tEthereum<\/span>
\n\t\t\t\t\tETH<\/span>
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\n\t\t\t\t\t\t$2,841.52<\/span>
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\n\t\t\t\t\t\t\t4.67% \/24h<\/span>
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\n\t\t\t\t\t$18.95B<\/span>
\n\t\t\t\t\t<!–
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\n\t\t\t\t\tPrice 7d<\/span>
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\t fell 5.6% to $2,839, XRP dropped 6.6% to $2.05, Solana slid 6.8% to $127, while Dogecoin and Cardano declined 7.9% and 7.6% respectively. Stablecoins stayed anchored around $1.<\/p>\n

Not everything was red, though. <\/span><\/p>\n

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\n\t\t\t\t\tPippin<\/span>
\n\t\t\t\t\tPIPPIN<\/span><\/p>\n

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\n\t\t\t\t\t\t$0.1476<\/span>
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\n\t\t\t\t\t\t46.41%<\/span>
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\n\t\t\t\t\tPippin<\/span>
\n\t\t\t\t\tPIPPIN<\/span>
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\n\t\t\t\t\t\t$0.1476<\/span>
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\n\t\t\t\t\t\t\t46.41% \/24h<\/span>
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\n\t\t\t\t\t$80.51M<\/span>
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\t\u00a0continued its erratic price action and climbed more than 20% in the past 24 hours, raising the question of whether it\u2019s becoming one of the best crypto to buy as the broader market pulls back.<\/p>\n

DISCOVER:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/p>\n

Yen Carry Trade Reduction Pressures Global Liquidity<\/h2>\n

Compounding the issue was a global liquidity squeeze tied to Japan\u2019s bond market. Yields on 10-year Japanese Government Bonds climbed to 1.84%, the highest since 2008, signaling the potential end of the yen carry trade. For years, investors borrowed cheaply in yen to fund purchases of high-yield assets like Bitcoin. Rising borrowing costs now force rapid unwinding, prompting sales across risk assets. The yen\u2019s surge added to the pressure, as positions in equities and crypto were liquidated to cover exposures.<\/p>\n

Japan sneezed at the open and crypto puked.<\/p>\n

Arigatou gozaimashita pic.twitter.com\/bfbkvD6O0k<\/a><\/p>\n

\u2014 Alex Kr\u00fcger (@krugermacro) December 1, 2025<\/a><\/p>\n\n

Markets assigned an 87% probability to a Federal Reserve rate cut by December 10, per CME FedWatch, but delayed U.S. jobs and inflation reports bred doubt. The Nasdaq 100\u2019s correlation with crypto stayed elevated at +0.85, linking digital assets to broader equity swings.<\/p>\n

Ahead of the ISM Manufacturing PMI release today and September PCE inflation data on December 5, investors trimmed risk, reducing exposure to volatile holdings.<\/p>\n

EXPLORE:\u00a0Will a Rate Cut From Fed Save Crypto Markets?<\/a><\/strong><\/p>\n

Trump, The Peace President, Is Escalating Tension With Venezuela<\/h2>\n

Geopolitical tensions provided another layer of caution. Reports highlighted escalating U.S. rhetoric toward Venezuela, with President Trump warning of imminent action against drug networks and declaring the country\u2019s airspace off-limits.<\/p>\n

An armada led by the USS Gerald R. Ford positioned in the Caribbean, while legal debates over strikes on trafficking vessels intensified congressional scrutiny. Trump\u2019s Thanksgiving pardon offer to a jailed Honduran ex-president further muddied the narrative, raising fears of regional instability that could spill into oil markets and global sentiment.<\/p>\n

Tell Me Venezuela isn\u2019t about drugs without telling me Venezuela isn\u2019t about drugs:<\/p>\n

Trump pardons Former Honduran President Hernandez- who was convicted of drug trafficking (400 TONS of cocaine) and sentenced to the 45 years in the United States. pic.twitter.com\/La1MLIZMnh<\/a><\/p>\n

\u2014 Maine (@TheMaineWonk) November 28, 2025<\/a><\/p>\n\n

Despite the red day, not everything is bleeding.<\/p>\n

EXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n

Best Crypto to Buy Right Now: PIPPIN Defies The Drop<\/h2>\n\n

(Source:\u00a0Coingecko<\/a>)<\/p>\n

While almost every major coin is down 5\u20138%, the Solana-based AI-meme token PIPPIN is up +20.07% in the last 24 hours and currently trades at $0.1355. Over the past two weeks it has rallied more than 460%, pushing its market cap to around $124 million. Created by AI builder Yohei Nakajima, $PIPPIN combines meme appeal with on-chain AI agents and has seen heavy whale accumulation and $117 million in daily volume.<\/p>\n

Fixed 1 billion token supply, strong community, and the broader AI narrative are keeping buyers active even as Bitcoin dumps. High-risk, high-reward play, but it\u2019s one of the few green charts today.<\/p>\n

Institutional inflows into Bitcoin ETFs continue, whales are accumulating BTC at lower levels, and many analysts see the current shake-out as a healthy flush of leverage before year-end.<\/p>\n

Volatility is likely to stay elevated this week, but dips have historically been buying opportunities in bull cycles.<\/p>\n

<\/span><\/p>\n

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\n\t\t\t29 minutes ago\t\t<\/a><\/div>\n
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Silver Slams New ATH, Gold Fires Up as BTC Price Dumps: Why Did Crypto Crash? Is a Recession Here?<\/h2>\n<\/div>\n
\n
\n\t\t\t\tBy Fatima<\/span>\n\t\t\t<\/div>\n<\/div>\n
\n

The question on every trader\u2019s mind right now is simple: why did crypto crash while silver and gold launched into fresh territory? As Bitcoin price plunged from $92K range to the mid $80Ks, precious metals ripped to new all-time highs \u2013 triggering a wave of fear, forced liquidations, and talk of a looming recession.<\/p>\n

With Bitcoin experiencing a sharp decline and Silver printing levels not seen in modern history, markets are clearly shifting. But is this a structural rotation, a temporary panic, or a macro warning shot?<\/p>\n

Read the Full Article Here<\/a><\/p>\n<\/div>\n<\/div>\n

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\n\t\t\t43 minutes ago\t\t<\/a><\/div>\n
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Michael Saylor: In the Long Run, S&P 500 Inclusion Doesn\u2019t Really Matter<\/h2>\n<\/div>\n
\n
\n\t\t\t\tBy Fatima<\/span>\n\t\t\t<\/div>\n<\/div>\n
\n

Michael Saylor said in a recent CoinDesk podcast<\/a> that MicroStrategy\u2019s potential inclusion in the S&P 500 is ultimately insignificant. He explained that Bitcoin and digital assets were once dismissed by rating agencies and regulators, with Basel rules even assigning Bitcoin a value of zero. Today, those same institutions are gradually accepting it.<\/p>\n

If Bitcoin is truly superior digital capital, Saylor argued, market forces will direct capital toward it regardless of short-term decisions by index managers, insurers, or banks. Those delays, he added, simply create larger opportunities for investors who recognize the trend early.<\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n

<\/p>\n

The post [LIVE] Crypto News Today, December 1 \u2013 Why Is Crypto Crashing Today? Bitcoin Hits $85K Low Amid $600M Liquidations and Yen Carry Trade Unwind: Best Crypto to Buy Now?<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The crypto market opened December under heavy selling pressure. Bitcoin BTC $86,719.39 5.28% Bitcoin BTC Price $86,719.39 5.28% \/24h Volume in 24h $42.50B <!– ? –> Price 7d Learn more slipped below $86,000, touched $85,618 at the intraday low, and is now trading near $86,476, a decline of almost 5% on the day. The drop […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-116888","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116888"}],"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=116888"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116888\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}