What Does Bitcoin’s Drop Mean? Depends on Who You Ask

December 2, 2025

What Does Bitcoin’s Drop Mean? Theories Include Risk-Off Investing, Trump Trade – Bloomberg

Bitcoin’s selloff in recent weeks caught the market off guard.Photographer: Milan Jaros/Bloomberg

Bitcoin’s almost 30% drop in recent weeks has been hard to ignore. It’s also difficult to explain. Today Christopher Beam writes about some of the theories. Plus: The video game studio Yacht Club is facing an existential struggle.

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