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Crypto Pulse Daily: Legendary Trader Peter Brandt Sees BTC Slump Under $58K
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CoinGape Newsletter
December 01, 2025
According to data from SoSoValue, Bitcoin ETF products concluded the month of November with a net outflow of $3.48 billion. The products saw five weeks in a row of withdrawals between November 12 and 18. This was its worst performance for the products since February.
Legendary trader Peter Brandt issues another bearish Bitcoin price prediction on Monday, warning about a major upcoming BTC crash. Global crypto market cap tumbled more than 5% to $2.92 trillion, with BTC plunging 6% to an intraday low of $85,653 today.
 Pepe coin price dropped nearly 10% today, and this sharp decline adds fresh pressure across the meme market. Pepe price now trades near a fragile support zone that once helped stabilize short-term sentiment. Notably, the broader tone weakened after a strong weekly rejection confirmed deeper structural issues. Meanwhile, sellers continue to drive direction as volatility grows across multiple timeframes. Each recovery attempt fades quickly, and this deepens uncertainty. Pepe coin price moves through a sensitive phase, and confidence remains weak as buyers struggle to defend key zones. |  Bitcoin price fell sharply to below $87,000 on Monday, signaling a rocky beginning to December. After briefly testing the $92,800 level last week, Bitcoin now faces a significant decline, with a $5,000 drop in just a few hours. This is the liquidation of a significant tumble in crypto markets with Ethereum and the majority of altcoins falling between 5-10%. Overall, over 200 billion was erased out of the crypto market, causing panic and doubt among investors. |