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Jai Hamid

Bitcoin Falls 28% From $126,000 Peak Amid Institutional Outflows and Selling Pressure

Bitcoin has declined 28% from its October all-time high of $126,000 to approximately $91,000, marking its steepest monthly drop since June 2022. The downturn reflects institutional selling through ETFs, declining stablecoin market capitalization, and increased profit-taking by long-term holders. No immediate catalyst for recovery has emerged ahead of the December 9 FOMC meeting.