Bitcoin dropped to $92,500

Traders bet on Bitcoin to hit $80,000 in November - Bloomberg

On the night of November 25-26, the price of the first cryptocurrency dropped to $92,868. After that, the asset slightly regained its position but then rolled back even more, as evidenced by CoinMarketCap data.

At the time of writing, bitcoin is trading at $92,436. The asset fell by 6% overnight, reducing BTC’s capitalization to $1.82 trillion.

Over the past 24 hours, the volume of liquidations on futures in the cryptocurrency market amounted to more than $576 million.

Cryptocurrencies with the largest capitalization also dropped over the past 24 hours. The biggest drops were in:

  • Solana (-9%);
  • Cardano (-8%);
  • Dogecoin (-7%).