Why Is Crypto Down Today? – December 1, 2025

Market Overview - The cryptocurrency market capitalisation has decreased by 5.2%, nearing the $3 trillion mark, currently at $3.01 trillion [1] - Total crypto trading volume stands at $135 billion [1] Price Movements - 96 of the top 100 cryptocurrencies have experienced price declines over the past 24 hours [2][3] - Bitcoin (BTC) has fallen by 5.3% to $86,153 [2][3] - Ethereum (ETH) decreased by 6% to $2,823 [2][3] - Dogecoin (DOGE) saw the highest drop at 8.2%, now priced at $0.1368 [3] - Solana (SOL) dropped by 7.2%, currently trading at $126 [3] - The smallest decrease among the top 100 coins was 1.2% for Tron (TRX), now at $0.2766 [4] Significant Declines - Among the top 100 coins, 96 recorded decreases, with a dozen experiencing double-digit falls [4] - Zcash (ZEC) fell by 21.8% to $359 [4] - Ethena (ENA) decreased by 17.7%, now trading at $0.2386 [4] Liquidations and Market Sentiment - Approximately $608 million in crypto liquidations occurred in the past 24 hours, with longs accounting for over $535 million and shorts for about $73 million [5] - Bitcoin and Ethereum led the liquidations with roughly $185 million and $154 million cleared out, respectively [5] - Investors are seeking macroeconomic signals, particularly from the US, to determine if the current drops are a short-term correction or part of a longer trend [5]