Crypto has been collapsing. It could get even worse
Yahoo Finance·2025-12-11 18:00

An icy chill has blown through the cryptocurrency market in recent months, threatening to cut the industry's golden era short. Last year, boosters forecast Bitcoin would reach 250,000bytheendof2025,rousedbyPresidentDonaldTrumpspromisetomakeAmericathe"cryptocapitaloftheworld."Butthecoinhasdropped25250,000 by the end of 2025, roused by President Donald Trump's promise to make America the "crypto capital of the world." But the coin has dropped 25% since early October, trading at around 92,000, with Ethereum's price down by almost one-third, hovering above $3,000. The total crypto market capitalization has shrunk by about a qu ...