Over the past two months, Bitcoin has lost a third of its value, sparking investor anxiety. December 1 marked the worst day for the market since spring: Bitcoin fell to 86,000, a daily drop of 8%. At the time of reporting, the price stood at 93,000, and the total market shed about a trillion dollars.
Experts cite active leveraged trading, massive fund withdrawals, and general market nervousness due to economic and geopolitical uncertainty as key reasons for the decline. Additionally, the rating of the largest stablecoin USDT was downgraded, affecting market confidence.
Analysts now debate whether this is the onset of a so-called "crypto winter"—an extended period of market stagnation, as seen in 2014–2015 and 2018–2019. At present, Bitcoin’s 30% fall fits within historical corrections, and major institutional investors are not panicking, instead buying coins at lower prices.
This market situation differs from previous ones, as Bitcoin is now integrated into the global financial system and overall market structure remains stable. However, experts warn that continued decline may make talk of a crypto winter more serious.
Market participants recommend maintaining a rational approach to investment, avoiding herd mentality, and closely monitoring trends over the coming weeks.
