Deep Correction! Bitcoin Price Today Plummets to US$86K, Panic Spreads Across Crypto Market

By

Ludea

2 December, 14:00

Bitcoin price today
Bitcoin price today down

Bitcoin price today movement is once again attracting attention after Bitcoin’s value fell dramatically to around US$86,000 in early December 2025. This significant decline has raised new concerns among investors worldwide, particularly because the drop was not only triggered by technical issues but also influenced by security incidents in the DeFi sector and increasing uncertainty in global markets. In a short period, the crypto market once again demonstrated that sharp fluctuations remain a defining characteristic of this largest digital asset.

Early December Saw a Notable Decrease

Before falling back to its intraday low of US$85,638, Bitcoin price today was trading at about US$86,075. According to data, Bitcoin experienced one of the biggest monthly drops since 2025, falling more than sixteen percent in November. Selling pressure has grown as a result of severe falls in several major altcoins and weakening inflows of new investors.

However, Bitcoin price today have dropped as a result of a shift in global sentiment toward risk-off, when investors tend to avoid riskier assets and revert to more reliable instruments like government bonds and the US dollar.

Main Trigger: Annual Financial Situation

Bitcoin price today
Bitcoin price today down caused by DeFi

One of the key causes of the current decrease in bitcoin values is an incident that occurred on the DeFi Yearn Finance platform. The yETH liquidity pool was harmed by this leak, which made it possible for hackers to produce illicit tokens. This produced widespread panic in the free financial environment and led to a fall in the number of connected assets.

An already precarious market was put under more strain by this circumstance. Given multiple examples of theft and large-scale abuse that occurred sequentially throughout 2025, investors are now increasingly apprehensive about the security of DeFi protocols.

Global Sentiment Becomes More Negative

Bitcoin price today
Bitcoin price today impact for global market

According to the Deccan Herald, a number of economic issues, such as worries about a potential mild recession in the US, changes in major currencies, and dwindling demand from big investors, are all weighing down bitcoin price today. The decline in inflows to cryptocurrency ETFs, which have been a significant source of support for Bitcoin values, is one noteworthy indicator.

Volatility is rising in this scenario. The cryptocurrency market is currently on the defensive, with many players opting to hold off on making new investments until the direction of global monetary policy is clear.

Also read: Manchester United Become The First Victim of the 2025/26 Rule Change – Price in UK

Projections and Key Levels to Watch

Despite the drastic shift, some analysts predict that Bitcoin could recover in the coming weeks. The Deccan Herald predicts a possible recovery for Bitcoin to between US$90,000 and US$92,000 as long as Bitcoin can maintain strong support around US$80,000.

However, other analysts warn that bitcoin price today could fall back below US$85,000 if selling pressure continues. Many investors are conservative because there are no positive short-term catalysts.

The Market Is Still Vulnerable

All things considered, the drop in bitcoin price today to about US$86,000 demonstrates how susceptible the cryptocurrency market is to many outside influences. DeFi protocol violations, macro uncertainty, and dwindling investor interest are a few of these. Because market volatility is expected to stay high in the upcoming weeks, market participants should exercise caution and keep an eye on the most recent developments.

Stay tuned to Price in Uk for updates on gold price today, bitcoin price today, wordle hints, and other interesting news!

Also read: Wordle Hint Today for December 2, Here is Your Ultimate Game Saver – Price in UK

Market Summary Crypto and Bitcoin Today
BTC-USD
USD
$91,548.39
↑ 6.07%
ETH-USD
USD
$3,018.57
↑ 7.81%
ADA-USD
USD
$0.43
↑ 11.69%
DOGE-USD
USD
$0.15
↑ 8.12%
LTC-USD
USD
$82.50
↑ 6.33%
Price in UK