{"id":292726,"date":"2025-12-01T08:32:11","date_gmt":"2025-12-01T08:32:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/292726\/"},"modified":"2025-12-01T08:32:11","modified_gmt":"2025-12-01T08:32:11","slug":"bitcoin-ethereum-fall-sharply-as-crypto-sell-off-resumes","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/292726\/","title":{"rendered":"Bitcoin, Ethereum fall sharply as crypto sell-off resumes"},"content":{"rendered":"<p><a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CB=\/\" rel=\"nofollow noopener\" target=\"_blank\">Bitcoin<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/ETH.CM=\/\" rel=\"nofollow noopener\" target=\"_blank\">Ethereum<\/a> fell on Monday, as the recent sell-off in cryptocurrencies resumed.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CB=\/\" rel=\"nofollow noopener\" target=\"_blank\">Bitcoin<\/a> tumbled sharply and was last seen around $86,553 at 8:18 a.m. in London on Monday, a slide of about 5.3%. <a href=\"https:\/\/www.cnbc.com\/quotes\/ETH.CM=\/\" rel=\"nofollow noopener\" target=\"_blank\">Ethereum<\/a> dropped around 6.4% in early trade, to reach $2,836.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/SOL.CM=\/\" rel=\"nofollow noopener\" target=\"_blank\">Solana<\/a> had fallen over 7%, and was last seen around $127, while other closely-watched tokens were also in the red, including <a href=\"https:\/\/www.cnbc.com\/quotes\/DOGE.CM=\/\" rel=\"nofollow noopener\" target=\"_blank\">Dogecoin<\/a>, which slipped around 8%.<\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>BTC.<\/p>\n<p>In Asia, a statement by the People&#8217;s Bank of China on Saturday warning of illegal activities relating to digital currencies heaped pressure on Hong Kong-listed shares of digital assets-related companies, which <a href=\"https:\/\/www.cnbc.com\/2025\/12\/01\/asia-pacific-markets-today-monday-china-pmi-ratingdog-data-fed-rate-cut.html\" rel=\"nofollow noopener\" target=\"_blank\">retreated during Monday&#8217;s session<\/a>.<\/p>\n<p>The fresh slide in digital assets chimes with a broader risk-off sentiment at the start of a new month. <\/p>\n<p>Macroeconomic concerns \u2014 including uncertainty over a possible U.S. rate cut \u2014 continue to weigh on investors&#8217; minds, while nagging doubts over overheated valuations in artificial intelligence-related names contributed to November&#8217;s bumpy markets as crypto volatility heightened.<\/p>\n<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/12\/108234229-1764576897562-1764574550-42767137779-hd.jpg\" alt=\"Bitcoin's slump continues, falling towards $86,000\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin and Ethereum fell on Monday, as the recent sell-off in cryptocurrencies resumed. Bitcoin tumbled sharply and was&hellip;\n","protected":false},"author":2,"featured_media":292727,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[779,118548,84,273,15313,118546,43280,59,118547,56,54,55],"class_list":["post-292726","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bitcoin","tag-bitcoin-usd-coinbase","tag-business","tag-business-news","tag-cryptocurrency","tag-dogecoin-usd-coin-metrics","tag-ethereum-usd-coin-metrics","tag-gb","tag-solana-usd-coin-metrics","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/292726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=292726"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/292726\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/292727"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=292726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=292726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=292726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}