US EditionBitcoin Slides Below $90,000 as Traders Grow Cautious | Honolulu Star-Advertiser
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Bitcoin slides below $90,000 as traders grow cautious | Honolulu Star-Advertiser
SINGAPORE/LONDON >> Bitcoin fell below $90,000 for the first time in seven months on Tuesday in the latest sign that investor appetite for risk is drying up across financial markets.
Amid renewed concerns about AI-related stocks, the European trading day opened on a negative trend ● The CAC loses about 1.5% of its value, and the DAX drops about 1.3% ● The Nikkei and the KOSPI fall by over 3% ● The S&P 500 and the Nasdaq fell below their 50-day moving average - which could indicate further declines on the way ● Wall Street futures are down ● Bitcoin is trading at about $90,000, gold and silver prices are also falling
Bitcoin fell below $90,000 on Tuesday for the first time in seven months, essentially wiping out this year's returns for the most valuable crypto asset.
Economist Explains: Why Is Bitcoin Price Crashing and How Far Can It Fall? - Coin Surges
The post Economist Explains: Why Is Bitcoin Price Crashing and How Far Can It Fall? appeared first on Coinpedia Fintech News Crypto markets are bleeding today as Bitcoin has dropped below $90,000 for the first time in 7 months. Fear is rising fast, with the Crypto Fear and Greed Index now at 11, and more than $1 billion in liquidations recorded in the past 24 hours. The sharp market pullback has left everyone guessing – what’s causing the cras…
The price of the world's largest cryptocurrency has fallen below $90,000 for the first time in seven months. Bitcoin has lost more than 25 percent of its value since the beginning of October.
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