Cryptocurrencies were hammered again Monday as Bitcoin and Ethereum plunged, deepening a market rout that has erased billions in value and rattled traders already bracing for more volatility.
Bitcoin slid as much as 6% to below $86,000 in early trading before recovering slightly to around $86,788.
Ethereum fared even worse, at one point dropping more than 7% to roughly $2,800.
Solana tumbled nearly 8%, and Dogecoin shed more than 8%, extending November’s bruising declines across the sector.
The renewed slump hit just as the broader crypto market was attempting to stabilize after a weeks-long sell-off that began when $19 billion in leveraged bets were wiped out in early October — only days after Bitcoin hit an all-time high above $126,000.
Bitcoin lost 16.7% of its value in November, i

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