$BTC Bitcoin has dipped sharply — recent declines have pushed it below ≈ $86,000–$87,000.
This slump follows a tough November and appears tied to weakening sentiment: macro factors (higher bond yields globally, risk-off mood) plus liquidation of long positions seem to be fueling the drop.
According to one institutional-research firm, BTC’s current pricing “looks like it’s already discounting a recession” — meaning markets are treating BTC as similarly sensitive to macro economic risk as equities or bonds.