December 1, 2025 – Bitcoin (BTC) plunged nearly 5% in just three hours on Sunday, falling from around $91,500 to $86,950 on Coinbase, according to TradingView.

The sharp drop followed a green weekly candle close for the first time in four weeks, with BTC ending November at $90,411. Analysts noted that such weekend volatility is a recurring trend in crypto markets, often occurring on Friday or Sunday nights without an obvious news catalyst.

Experts from the Kobeissi Letter attributed the flash crash to a sudden surge in selling volume triggering a domino-effect liquidation, amplified by historically high leveraged positions. Over 180,000 traders were liquidated in 24 hours, totaling $539 million, predominantly long positions in Bitcoin and Ethereum (ETH), according to CoinGlass.

November proved Bitcoin’s worst month of the year and its weakest November since 2018, finishing down 17.49%, though analysts remain cautiously optimistic, viewing the drop as a structural market adjustment rather than a fundamental decline.