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Bitcoin erases $600 billion in market value, losing its 2025 gains.
Yahoo Finance· 2025-11-17 19:46
Bitcoin fell into the red for 2025. In fact, around $600 billion has been wiped off its market value after it reached that record high back in October. The one reason that helps explain this fall is market expectation for a Fed rate cut.Market pricing for a December rate cut dropped to around 40% from over 60% just one week earlier, prompting investors to shift capital away from high-risk assets like Bitcoin. This dramatic reversal in expectations has sent ripples through cryptocurrency markets. ...