A broad-based crypto sell-off accelerated this week, wiping billions off the total market capitalisation and stoking fresh concerns about financial contagion both within the digital asset ecosystem and across adjacent markets.
Bitcoin slipped to about $84,000 (€72,328) during Monday trading before rebounding to near $87,000 later in the day. The cryptocurrency saw more dramatic lows earlier in November, despite a brief consolidation at the end of the month that pushed it over $90,000 — still well below the roughly $100,000 level it was trading at in early November and much lower than the October high of around $125,000.
