Bitcoin Leads Financial Markets Downward as December Begins

Written by Emily J. Thompson, Senior Investment Analyst

Source: CNBC

Updated: Dec 01 2025

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Source: CNBC

Market Overview: Stocks are starting December on a negative note, influenced by a significant drop in Bitcoin, which fell over 5% to below $90,000, leading to lower futures for major indices like the Dow, S&P 500, and Nasdaq-100.
Safe Haven Assets: In contrast to the stock market's decline, gold futures rose about 1% to nearly $4,300 per ounce, reflecting a shift towards safer investments amid market volatility.
Economic Indicators: The Bank of Japan hinted at a potential rate hike, and disappointing PMIs from China contributed to a risk-off sentiment among traders, as noted by market analyst Adam Crisafulli.
Historical Context: Despite the current pressures, December is typically a strong month for the S&P 500, averaging over a 1% gain historically, making it the third-best month of the year based on data since 1950.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.