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Bitcoin Crashes Below $90K

Bitcoin Drops: Bitcoin has fallen below $90,000 for the first time in seven months amid a broader market pullback from risk. Bitcoin has fallen below the $90,000 mark for the first time in seven months, marking a significant reversal from its peak earlier this year. According to the latest real-time data, the cryptocurrency is trading at […]

Bitcoin Drops: Bitcoin has fallen below $90,000 for the first time in seven months amid a broader market pullback from risk.

Bitcoin has fallen below the $90,000 mark for the first time in seven months, marking a significant reversal from its peak earlier this year. According to the latest real-time data, the cryptocurrency is trading at approximately $89,420, its lowest level since February 2025. This decline has been driven by a combination of technical indicators, including the formation of a “death cross,” and broader market risk-off sentiment fueled by macroeconomic concerns such as rising interest rate worries and inflation fears.

The sharp drop has wiped out all of Bitcoin’s gains for 2025, erasing more than $1.2 trillion in market value and plunging traders into extreme fear, with the crypto Fear & Greed Index falling to notably low levels. Analysts warn that if Bitcoin fails to reclaim support at around $93,000, further declines toward $86,000–$88,000 could occur. However, some experts suggest these downward shocks might precede short-term recovery rallies if macroeconomic conditions stabilize and ETF outflows diminish.

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