Bitcoin drops below $90,000 in sign of souring mood

Share via:



Bitcoin slipped below $90,000 for the first time in seven months on Tuesday in the latest sign that investor appetite for risk-taking is drying up across financial markets.

The risk-sensitive cryptocurrency has erased 2025 gains and is now down nearly 30% from a peak above $126,000 in October. It traded down 2% at $89,953 in the Asia afternoon, having collapsed through chart support around $98,000 last week.

Market participants said a combination of doubts around future U.S. interest rate cuts and the mood in broader markets, which have wobbled after a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Bitcoin drops below $90,000 in sign of souring mood



Bitcoin slipped below $90,000 for the first time in seven months on Tuesday in the latest sign that investor appetite for risk-taking is drying up across financial markets.

The risk-sensitive cryptocurrency has erased 2025 gains and is now down nearly 30% from a peak above $126,000 in October. It traded down 2% at $89,953 in the Asia afternoon, having collapsed through chart support around $98,000 last week.

Market participants said a combination of doubts around future U.S. interest rate cuts and the mood in broader markets, which have wobbled after a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Prime Video: The 15 Absolute Best Movies to Watch

Here are some highly rated films to watch, plus...

Samsung’s latest Odyssey gaming monitor has a 32-inch 6K...

Ahead of CES 2026, Samsung has unveiled a number...

Popular