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CNBC's "Fast Money"

Bitcoin Leads Crypto Drop… And A 2026 AI Tech Outlook 12/1/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 1 December 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

Bitcoin feeling the Thanksgiving hangover as the crypto space sells off. The tokens leading the losses, and how the Bitcoin treasury companies are feeling the pain as well. Plus Why the AI tech rally can keep rocking in the new year. Where one top tech analyst sees the most opportunity, as investors digest the latest AI power partnership. Fast Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0

Live for the Nazak market site in the heart of New York City's Times Square, this is fast money.

0:06.8

Here's what's on top tonight.

0:08.2

Crypto getting crushed.

0:09.3

Bitcoin returning from the holiday weekend in a day is hitting its lowest level since April,

0:13.7

and the crypto proxies aren't being spared.

0:16.0

The reasons behind the move and where one crypto investor sees the space heading next.

0:20.0

Plus, new year, same AI rally,

0:22.5

why one top tech analyst sees the sector surge continuing into 2026, where he sees the most

0:27.7

opportunities as investors digest yet another AI power deal. And later, Blackjack and the Big

0:33.5

Apple, the casino is coming for New York City, heavy metal musing. Silver and gold continue to surge. And auto stocks speed higher, how the traders are navigating the

0:42.7

space as GM hits a fresh record high. I'm Melissa Lee. Come to you live from Studio B at the Nazak.

0:47.6

On The Death Tonight, Tim Seymour, Karen Feinerman, Steve Grasso, and Guy Dami.

0:51.9

Shares of Walmart closing at a record high in the XRT retail

0:55.2

ETF ticking higher after a strong Black Friday start to the holiday shopping season.

0:59.7

Much more on the never-say die consumers coming up. First, we turn to Bitcoin and a fresh

1:04.8

battering for the cryptocurrency Bitcoin this morning, falling to its lowest level since April

1:09.4

and now tracking first negative year since

1:11.8

2022. And the crypto slide is hitting a host of names in the digital space very hard. Checkout

1:16.9

shares a strategy. One of the companies most leveraged to Bitcoin, those shares tumbling 36%

1:22.2

over the past four weeks. Over the last six months, the stock has been cut in half. The CEO in a podcast has said that they could sell Bitcoin as a last resort measure. But that really spooked people. If you see the champion of this Bitcoin strategy say, yes, we might actually sell Bitcoin. And by the way, we're going to have a dollar reserve to pay dividends, that is

1:45.7

fearful. That strikes fear.

1:47.0

It's problematic, and I think that's last resort. But the market's going to challenge both

...

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