[LIVE] Crypto News Today: Latest Updates for Dec. 02, 2025 – Crypto Market Slumps as BTC Dips Below $84K; Select Tokens Buck Losses as Bitcoin Miners Face “Toughest Profit Era”

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Follow up to the hour updates on what is happening in crypto today, December 02. Market movements, crypto news, and more!
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

The crypto market extended its decline, with Bitcoin briefly slipping under $84,000 before rebounding above $86,000, while most major sectors traded lower. Select tokens such as NEXO, ICP, FARTCOIN, PIPPIN, MERL, and SAFE managed to outperform despite the broader downturn. Meanwhile, a Miner Weekly report warns that Bitcoin miners are now operating in the most difficult profit environment in history, with hashrate revenue falling to around $35/PH/s, well below average costs as network difficulty approaches record levels.

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