December Starts Red For Crypto As Bitcoin, Ethereum Slide
Bitcoin and Ethereum kicked off December on a weak footing as markets faced renewed volatility, pressured by risk-off sentiment and lingering concerns over liquidity in the digital-asset ecosystem.
Bitcoin slipped as much as 4.3%, falling below US$88,000, while Ethereum dropped nearly 6% to trade under US$2,900. The pullback underscores a shaky start to the month after November’s sharp retracement.
The declines come amid heightened unease following a liquidity scare linked to a major decentralised finance platform, which sent ripples across the broader crypto market. The episode has amplified caution among traders already contending with shifting macroeconomic conditions.
Market sentiment remains fragile as global investors…
