Name: Bitcoin slides gain as investors lose appetite for crypto
Uploaded: 2025-12-01T16:38:26.940Z
Duration: 1 min
Description: Bitcoin fell sharply on Monday, dipping below €75,000 per coin as the broader cryptocurrency market extended a steep decline that began after its record October peak.

Bitcoin fell sharply on Monday, dipping below €75,000 per coin as the broader cryptocurrency market extended a steep decline that began after its record October peak.

Bitcoin experienced a 5 percent drop in value as it opened December in European trading, falling to around 73,500 euros from nearly 78,000 euros the previous day. This marks a continued decline since its record high of approximately 110,000 euros in October, attributed to increased liquidations and selloffs by investors seeking to realize profits.

Other major cryptocurrencies, including Ethereum and Solana, have also faced similar declines. Ethereum has followed a downward trajectory since its all-time high in November, while other well-known coins continue to trend lower.

Bitcoin slides gain as investors lose appetite for crypto

Popular cryptocurrencies are continuing to struggle as Bitcoin opened the month of December with a 5 percent drop in value in European trading. The coin currently hovers around 73,500 euros in value, a sharp decline from its estimated value only 24 hours prior, which was just short of 78,000 euros. The digital currency had been in a prolonged and steep decline since reaching its record value of about 110,000 euros in October. The decline is likely attributed to a significant rise in liquidations and selloffs as holders of the coin look to profit off of their investments. Ethereum, the second largest crypto by market cap, also experienced similar trajectories since its all-time high in November of this year. Other smaller yet well-known and highly traded coins, including Solana, are also continuing their downwards trend.

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