** Bitcoin Drops Again, Early Month Opened at a Price of US$85,000**
Bitcoin started the week with a drop of more than 5% which made it priced at US$85,000, Monday (01/12). As much as US$577,11 million or around Rp9,2 trillion Bitcoin was also liquidated in the last 24 hours, dominated by long positions.
The possibility of an increase in the Bank of Japan's interest rate made the yen stronger and triggered a forced liquidation of more than US$290 million in the crypto market, especially in Bitcoin and Ethereum, the risk-off sentiment extends to the Asia Pacific market.
At the same time, the exploit on Yearn Finance's yETH pool raises new concerns about DeFi security, suppressing TVL and triggering further sell-off on large assets such as ETH and BTC.


