{"id":39894,"date":"2025-12-01T18:41:14","date_gmt":"2025-12-01T18:41:14","guid":{"rendered":"https:\/\/agooka.com\/news\/world\/bitcoin-fell-below-85000-due-to-crypto-crash\/"},"modified":"2025-12-01T18:41:14","modified_gmt":"2025-12-01T18:41:14","slug":"bitcoin-fell-below-85000-due-to-crypto-crash","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/world\/bitcoin-fell-below-85000-due-to-crypto-crash\/","title":{"rendered":"Bitcoin fell below $85,000 due to crypto crash"},"content":{"rendered":"

Bitcoin, after reaching a record high of $126,210.50 on October 6, fell by 11.8% to less than $85,000. This drop led to a decline in crypto industry stocks, including Coinbase Global and Robinhood Markets.<\/p>\n

\"Bitcoin<\/p>\n

Bitcoin, which soared to a record $126,210.50 on October 6, fell by 11.8% to less than $85,000. This was reported by Associated Press, according to UNN.<\/p>\n

Details<\/h2>\n
\n

Bitcoin, which soared to a record $126,210.50 on October 6, according to cryptocurrency trading platform Coinbase data, fell by 11.8% to less than $85,000. This is a drop of approximately 33% in just eight weeks.<\/p>\n

– the publication writes.<\/p><\/blockquote>\n

Crypto industry stocks fell, with Coinbase Global down 5.1% and online trading platform Robinhood Markets down 5.2%. Shares of Bitcoin mining company Riot Platforms fell 5.4%.<\/p>\n

Shares of Strategy, the largest of the so-called crypto-treasury companies that raises funds solely to buy Bitcoin, fell 10.3%. The company reported that it holds 649,870 Bitcoins.<\/p>\n

American Bitcoin, in which President Donald Trump's sons, Eric Trump and Donald Trump Jr., have a stake, fell 7.2%, and its value has decreased by more than 41% since September 30.<\/p>\n

Analysts point to a number of factors that led to the sell-off of Bitcoin and other cryptocurrency investments, including a broad risk aversion that swept the markets this autumn, directing investors to safer investments such as bonds and gold.<\/p>\n

Recall<\/h2>\n

Bitcoin surpassed the $90,000 mark for the first time in almost a week, recovering from more than a month-long decline, analysts report. The digital asset's rise occurred amid a rally in risky assets and reduced volatility, giving traders room to re-establish positions.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin, after reaching a record high of $126,210.50 on October 6, fell by 11.8% to less than $85,000. This drop led to a decline in crypto industry stocks, including Coinbase Global and Robinhood Markets. Bitcoin, which soared to a record $126,210.50 on October 6, fell by 11.8% to less than $85,000. This was reported by […]<\/p>\n","protected":false},"author":1,"featured_media":39895,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":{"0":"post-39894","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/39894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=39894"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/39894\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/39895"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=39894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=39894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=39894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}