tldr; Bitcoin's price dropped below $87,000, erasing $150 billion in market capitalization, following a surge in Japanese government bond yields that triggered a risk-off sentiment. The decline was exacerbated by low trading volumes and thin order books, leading to a liquidity event. November was Bitcoin's worst-performing month in 2025, with an 18% loss. The selloff highlighted structural weaknesses in the market, with retail investors buying at distressed levels while institutional investors remained cautious. The market now looks to mid-$80,000s for support.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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