Bitcoin Dips as Crypto Stocks Slide on December 1, Led by Coinbase and ABTC Declines

COINOTAG News reports that on December 1, the three major U.S. stock indexes opened lower, with crypto stocks broadly extending yesterday’s softness. The risk-off shift suggests cautious positioning as investors digest macro cues and liquidity dynamics.

Among cryptocurrency equities, notable moves included: Coinbase (COIN) down 3.09%, Circle (CRCL) off 1.01%, MicroStrategy (MSTR) down 6.15%, Bullish (BLSH) -6.67%, Bitmine (BMNR) -7.91%, SharpLink Gaming (SBET) -8.19%, BTCS (BTCS) -4.09%, BNB Network Company (BNC) -5.69%, ALT5 Sigma (ALTS) -6.68%, American Bitcoin (ABTC) -8.49%.

The breadth of declines signals a measured risk-off environment rather than company-specific catalysts, with traders awaiting clearer directional cues. The data imply cautious sentiment in the crypto market and underscore the sensitivity of digital-asset peers to macro momentum and equity-market correlations.