Bitcoin just dropped to around $90,000, marking its lowest level since late March and early April when it traded for around $80,000. According to data-analytics-id=”inline-link” href=”https://www.ft.com/content/6b171d3e-4a9e-4e2d-aafc-3b4047e44f32?utm_social_post_id=576325409&utm_social_handle_id=18949452″ target=”_blank” data-url=”https://www.ft.com/content/6b171d3e-4a9e-4e2d-aafc-3b4047e44f32?utm_social_post_id=576325409&utm_social_handle_id=18949452″ referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none” data-mrf-recirculation=”inline-link”>Financial Times, this has wiped out $1.2 trillion in value from the crypto since it data-analytics-id=”inline-link” href=”https://www.tomshardware.com/tech-industry/cryptocurrency/bitcoin-rockets-to-all-time-high-of-over-usd125-000-rise-fueled-by-increase-in-u-s-equities-and-interest-in-bitcoin-etfs” data-mrf-recirculation=”inline-link” data-before-rewrite-localise=”https://www.tomshardware.com/tech-industry/cryptocurrency/bitcoin-rockets-to-all-time-high-of-over-usd125-000-rise-fueled-by-increase-in-u-s-equities-and-interest-in-bitcoin-etfs”>peaked at over $125,000 in October 5. Although BTC slowly dropped in value after it hit its record high, the biggest drop happened on October 10 after U.S. President Donald Trump data-analytics-id=”inline-link” href=”https://www.tomshardware.com/tech-industry/president-trump-warns-of-massively-increased-tariffs-in-wake-of-chinas-rare-earth-mineral-monopoly-position-xi-jinping-meeting-cancelled-as-trump-promises-retaliation-for-beijings-expanded-export-controls” data-mrf-recirculation=”inline-link” data-before-rewrite-localise=”https://www.tomshardware.com/tech-industry/president-trump-warns-of-massively-increased-tariffs-in-wake-of-chinas-rare-earth-mineral-monopoly-position-xi-jinping-meeting-cancelled-as-trump-promises-retaliation-for-beijings-expanded-export-controls”>threatened to massively increase tariffs on Chinese goods in retaliation for Beijing’s rare…
