Bitcoin plunged to its lowest level in seven months on Wednesday, intensifying the great crypto crash of 2025 and extending the more than $1 trillion wipeout across the digital-asset world.
The largest cryptocurrency fell to as low as $88,522, underscoring the scale of the rout affecting traders and investors across the market.
The rout has hit investors big and small—from retail dip-buyers to digital-asset treasury firms whose stock premia are vanishing.
The price decline highlights the broad reach of the downturn across market participants.
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