3 reasons why crypto is selling off
Yahoo Finance·2025-12-01 22:51
Bitcoin trading around the $85,000 level and the weakness rippling across stocks tied to the industry. Micro Strategy, Coinbase, Robin Hood, all closing sharply lower. Joining me now is Owen Laauo, Clear Street managing director and senior analyst.And we were just talking in the break how significant this slide in Bitcoin is. We're now down 9% since the start of the year. What do you attribute this slide to.>> Yeah, there are a couple of reasons. So, let's go back to October 10th. So there was a massive liq ...