Cryptocurrency Market Plunges as Liquidations Wipe Out Billions in Long Positions
Sharp Decline in Crypto Assets Mirrors U.S. Equity Rout On December 1, 2025, the cryptocurrency market faced a sudden and severe downturn, aligning closely with a broader sell-off in U.S. stock indices. Traders who had bet heavily on rising prices—holding long positions in derivatives—saw substantial losses as automated liquidations triggered a cascade of selling. This…
