Bitcoin price continues to fall

VTV.vn - During the trading session in New York on December 1, the price of bitcoin fell 8% to 83,824 USD per 1 bitcoin.

Bitcoin goes down again

The cryptocurrency market experienced a sharp sell-off in early December 2025, liquidating nearly $1 billion in leveraged positions. This came as the price of bitcoin continued to plunge, extending its decline from its record high set in October 2025.

Bitcoin fell 8% to $83,824 per bitcoin in New York trading on December 1. The move brought the world's largest cryptocurrency's total decline to nearly 30% since hitting an all-time high of $126,251 per bitcoin in early October 2025.

The decline is not limited to bitcoin. Ether, the second-largest cryptocurrency, also fell 10% to a low of $2,719 per 1 Ether, down 36% over the past seven weeks. The situation is worse for small-cap, low-liquid coins, which traders often gravitate toward for their high volatility and outperformance during bull runs. An index tracking the bottom half of the 100 largest digital assets by market capitalization is down nearly 70% this year.

Data from cryptocurrency trading firm Coinglass shows that the foundations of the capital markets were already shaky after the October 10 event, when $19 billion in leveraged bets were "blown away" following US President Donald Trump's tariff warnings. The liquidation of nearly $1 billion on December 1 further hit investor sentiment.

Sean McNulty, head of derivatives trading for Asia-Pacific at financial brokerage FalconX, said investors started December 2025 with a "risk-off" mentality. According to him, the biggest concerns now are the modest inflows into bitcoin exchange-traded funds (ETFs) and the lack of bottom-fishing forces. He expects structural difficulties to persist in the final month of the year and the $80,000 mark for 1 bitcoin could be the next important support level.

In fact, instead of acting as a safe haven asset or “digital gold,” bitcoin’s volatility is increasingly similar to that of tech stocks. A typical example is chipmaker Nvidia, a big name leading the Artificial Intelligence (AI) wave in the market. Nvidia’s stock has grown strongly this year, making Nvidia the first company in the world to reach a market capitalization of $5,000 billion by the end of October 2025. But then fears of an AI bubble also pushed the stock down more than 10% in November 2025.

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

Investors are focused on the path of global monetary policy as December begins, said Karim Dandashy, a trader at digital financial services firm Flowdesk. Bank of Japan Governor Kazuo Ueda has given the clearest signal yet of a rate hike this month to counter volatility in the government bond market. In contrast, the market is expecting a rate cut from the US Federal Reserve following signs of weakness in the labor market.

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