Bitcoin price continues to fall.

VTV.vn - During trading in New York on December 1st, the price of Bitcoin fell by as much as 8% to $83,824 per Bitcoin.

Bitcoin is going down again.

The cryptocurrency market just experienced a sharp sell-off in early December 2025, resulting in the liquidation of nearly $1 billion in leveraged positions. This occurred as the price of Bitcoin continued to plummet, extending its decline from the record high set in October 2025.

In New York trading on December 1st, the price of Bitcoin fell by as much as 8% to $83,824 per Bitcoin. This development brings the total decline of the world's largest cryptocurrency to nearly 30% since reaching its all-time peak of $126,251 per Bitcoin in early October 2025.

The decline wasn't limited to Bitcoin. Ether, the second-largest cryptocurrency, also fell 10% to a low of $2,719 per Ether, recording a 36% drop over the past seven weeks. The situation is even worse for smaller-cap and illiquid cryptocurrencies, which traders often gravitate towards due to their high volatility and strong performance during bull runs. An index tracking the bottom half of the 100 largest digital assets by market capitalization has fallen nearly 70% this year.

Data from cryptocurrency trading firm Coinglass shows that the market's foundations had already been shaken after the events of October 10th, when $19 billion in leveraged bets were wiped out following warnings of tariffs from US President Donald Trump. The liquidation of nearly $1 billion on December 1st further dealt a heavy blow to investor sentiment.

Sean McNulty, head of derivatives trading for the Asia-Pacific region at financial brokerage FalconX, noted that investors began December 2025 with a "risk-averse" sentiment. He believes the biggest concern currently is the modest inflow of funds into bitcoin exchange-traded funds (ETFs) and the absence of bargain-hunting buyers. He anticipates that structural difficulties will persist into the final month of the year, and the $80,000 per bitcoin mark could be the next important support level.

In reality, instead of acting as a safe-haven asset or "digital gold," Bitcoin's volatility is increasingly mirroring that of technology stocks. A prime example is chipmaker Nvidia, a major player leading the Artificial Intelligence (AI) wave in the market. Nvidia's stock has surged this year, making it the first company in the world to reach a market capitalization of $5 trillion by the end of October 2025. However, concerns about an AI bubble then caused the stock to fall by more than 10% in November 2025.

Besides internal factors, the digital asset market is also under pressure from macroeconomic fluctuations.

Karim Dandashy, a trader at digital financial services firm Flowdesk, said investors are focusing intensely on the global monetary policy trajectory as December begins. Bank of Japan (BoJ) Governor Kazuo Ueda has given the clearest signal yet of a rate hike this month to address volatility in the government bond market. Conversely, the market is expecting the US Federal Reserve to implement a rate cut following signs of weakening labor market.

Source: https://vtv.vn/gia-bitcoin-tiep-tiep-giam-100251202131053369.htm