🔥Daily Market (December 2, 2025): Red on Red — BTC below $86,000, altcoins in chaos. What's going on?
📉 Overview: Today, the crypto market continued its strong sell-off after the decline at the end of last month, many large coins lost a lot of value, liquidity shrank, and investor sentiment was clearly "risk-off".
📌 Price Highlights
Bitcoin (BTC) fell sharply by nearly 5%, currently trading around ≈ $85,500 – $86,000.
Ethereum (ETH) was also under pressure, falling by about 6–7%, fluctuating around ≈ $2,800 – 2,830.
Many altcoins, especially small-cap coins, meme coins or “high-risk” tokens, followed the general decline red across the board.
⚠️ Main reason today
-> Global “risk-off” pressure many investors withdraw from risky assets like crypto, switching to safer channels.
-> Weak market liquidity when money flows out, a few large sell orders can quickly drag prices down because the market is not deep.
-> Widespread concern: many people holding altcoins or small-cap coins switch to “watch” mode this makes coins more vulnerable to dumping when there is a crash.
🔎 Quick view:
For traders & holders For holders: This could be a “sale hunting” opportunity if you believe in the long term, you can wait for good coins to “buy”.
For short-term traders: Be careful big fluctuations entail high risks. Don’t FOMO, trade with leverage carefully.
For altcoins / meme coins: Avoid holding risky coins if there is no strong support news soon, the market is likely to continue to correct.
