BTCUSD News Today, Dec 2: Bitcoin Dips Below $85k Amidst Global Market

On December 2, the global crypto market witnessed a significant decline as Bitcoin price dropped below $85,000. This major shift is attributed to recent macroeconomic signals from Japan, which suggested potential interest rate hikes. The ripple effect led to a substantial crypto sell-off, with liquidation events hitting over $637 million. As market sentiment shifts, investors are left pondering the next steps amidst turbulent times.