Why the bitcoin sell-off may not be the start of a crypto winter
Yahoo Finance·2025-12-01 19:12

Bitcoin is now below $85,000 as part of a broader flight to safety that erased a trillion dollars in total market cap from crypto assets over the past month. Meanwhile, Michael Sailor's Strategy, which owns roughly 3% of all Bitcoin, announced this morning the establishment of a cash reserve, as in cash dollars, of $1.44% billion. The stock is down now 11%. So, we're trying to figure out whether this selloff could be the beginning of something more profound, a so-called crypto winter. Maya Vu Buuinovich of ...