Thin order books met hard macro triggers and the market snapped as it entered December.

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	Forwarded this email? Subscribe here for more $150B wiped: Bitcoin drops below $87k on Japan yield shock Thin order books met hard macro triggers and the market snapped as it entered December. CryptoSlate Dec 1   READ IN APP   Happy Monday! December kicked off with a jolt as Bitcoin plunged below $87,000 following a shock surge in Japan’s yields, wiping out $150 billion and revealing fragile order books vulnerable to macro shocks. Meanwhile, Bitcoin ETFs closed November on a somber note with a late $70 million inflow, facing a delicate start to December amid thin liquidity and Federal Reserve pressures. Adding to market jitters, a $36 million hack at Upbit shines a harsh light on hot-wallet insurance limits, demonstrating how exchange reimbursements can’t fully cushion the immediate blow to liquidity and market stability. Dive into the details below. The global crypto market cap is $2.89 trillion, with a 24-hour volume of $150.34 billion. The price of Bitcoin is $85,358.46, and BTC market dominance is 58.6%. The price of Ethereum is $2,783.58, and ETH market dominance is 11.6%. The best-performing sector is Prediction, which gained 11%. The Crypto Fear & Greed Index is currently Extreme Fear (24). 📰 Top News $150B wiped: Bitcoin drops below $87k on Japan yield shock Thin order books met hard macro triggers and the market snapped as it entered December. Bitcoin ETFs end brutal November with a late $70M inflow Spot Bitcoin ETFs start December on a knife edge: flow bands, thin liquidity, and the Fed. $36 million Upbit hack revives the quiet truth about hot-wallet ‘insurance’ Exchanges can reimburse hacked balances, but they can’t stop the instant shock to liquidity and market depth. The Next Memecoin Paradigm: Charting a Broader Course Beyond Chain-Centric Islands Promoted: Platforms like Alph.AI unify memecoin trading, empowering traders with strategic vision and seamless cross-chain access. Ad: Why Pro Traders Choose Crypto Prop Firms For skilled traders, the barrier to entry is rarely knowledge; instead, it is capitalization. 7 reasons to lock in year-end visibility on CryptoSlate 👇 If your company wants meaningful reach in crypto to close 2025 strong, CryptoSlate is the safe, high-leverage choice. Here is why advertisers choose us: Trust that compounds. 8+ years operating with rigorous editorial standards, 24,000+ articles, cited by The New York Times, Reuters, Harvard Business Review, and more. Coverage where buyers live. Beyond news, our site spans asset profiles and directories of people, products, and companies. Being seen on CryptoSlate builds durable brand authority. Real thought leadership. 500+ contributed pieces from top founders and executives. Many rank in the monthly top 5 by views. Product velocity. Our technical co-founders ship relentlessly, recent improvements include a Bitcoin Retirement Calculator, dark mode, and an upgraded Places section with localized news across 50+ global hubs. Differentiated reporting. We zoom out, then explain why a story matters. That is why our coverage earns quality backlinks and citations, including half a dozen source links from Bloomberg this year. Readers who move markets. Our stories are read and shared by leaders like Binance founder CZ, Ethereum co-founder Vitalik Buterin, Tether CEO Paolo Ardoino, and public officials including El Salvador President Nayib Bukele and senior members of the U.S. Congress. Data-guided editorial. We program to demand. In the last month, Bitcoin drove 50%+ of coverage, reflecting where attention and adoption sit. View Our Media Kit About CryptoSlate CryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments? Get in touch with us here. Connect with Us Telegram • X • Google News • LinkedIn • Instagram   Like Comment Restack   © 2025 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe