Bitcoin drops to a 3-month low below $90,000 in risk-off move
- Bitcoin dropped to $88,245, its lowest level since November and first below $90,000 since mid-January, marking a 6% decline.
- Ether fell sharply by up to 11% to $2,333, the lowest price since October, alongside declines in other cryptocurrencies.
- Overall, altcoins have lost between 30% and 80% of their value since mid-December.
- Analysts suggest that without a new catalyst, the market outlook remains uncertain with continued volatility and potential for further declines in cryptocurrencies.
65 Articles
65 Articles
Bitcoin falls below $90,000 for the first time in more than a month
It has been a complicated start of the year for cryptos. In recent weeks, uncertainty about Donald Trump’s tariff policy, geopolitical tensions, the Libra scandal, and Bybit’s hacking put the crypto market under pressure, which has exploded today. In the early hours of this Tuesday, bitcoin has fallen below $90,000, its lowest level since mid-November. In addition, it is the first time since mid-January that it falls below this threshold. Ever s…
Bitcoin hits lowest price in 3 months
Bitcoin has tumbled below $90,000 (around €85k), marking its lowest point since November 2024, according to numerous reports, including The Standard and Reuters. The world’s largest cryptocurrency saw a sharp decline of up to 7.5 per cent on Tuesday, February 25 before stabilising at $89,314. The crash follows growing market uncertainty fuelled by U.S. tariff concerns and last week’s massive… Source
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