Bitcoin Crash 2025: Strategy ETFs Plunge 80% as Retail Traders Suffer While Monad, Zcash and New Bitcoin Layer‑2s Battle for the Future
On December 2, 2025, the crypto market is still reeling from one of its sharpest pullbacks since 2021. Bitcoin has dropped from an October peak above $126,000 to the mid‑$80,000s, wiping out close to 30% of its value and triggering nearly $1 billion in leveraged liquidations in just 24 hours. Reuters+1 Retail traders who chased high‑octane Bitcoin plays are now at the center of the storm. Leveraged exchange‑traded funds (ETFs) tied to Strategy Inc (the rebranded MicroStrategy, ticker MSTR) have plunged more than 80% this year, while the company itself scrambles to reassure investors with a $1.44 billion “US dollar