Bitcoin Bleeding Continues As Cryptocurrency Nears $85,000 [Forbes]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
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Source: Forbes
The cryptocurrency dropped to roughly $85,130.00, according to Coinbase data from TradingView . At this point, it had plunged more than 30% from the all-time high of more than $126,300 that it reached in October. When explaining these latest declines, analysts highlighted several factors, including significant macro developments that have provided bitcoin with headwinds. Some market observers emphasized the expectations surrounding Federal Reserve monetary policy, a development that can significantly impact the value of risk assets. “The latest pullback toward $85,000 looks driven by a mix of macro pressure and positioning,” said Joe DiPasquale, CEO of cryptocurrency hedge fund manager BitBull Capital . “Risk assets broadly sold off as rate-cut expectations were pushed out, while bitcoin also saw profit-taking after failing to hold recent support levels,” he added. “Once BTC slipped below key technical zones, leveraged longs were flushed out, accelerating the downside move,” cl
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COIN
Earnings
- 10/30/25 - Beat
COIN
Sec Filings
- 12/16/25 - Form 8-K
- 12/15/25 - Form 144
- 12/10/25 - Form 4
- COIN's page on the SEC website