Crypto Traders Crushed as Long Positions Are Vaporized in Market Freefall

Its an unexpectedly bruising day for crypto assets, tumbling right in step with U.S. equities on Monday, Dec. 1, 2025. The worlds largest digital asset by market cap, bitcoin, slid more than 7.5% and tapped a low of $83,814 per coin. That slip yanked the rest of the market downhill, with altcoins clocking hefty double-digit []