Bitcoin Drops Below $90,000 for the First Time in 2 Months

As an analyst, I observed a significant drop in the value of Bitcoin (BTC) during yesterday’s trading session, dipping below the crucial $90,000 threshold for the first time in approximately two months, signifying a break from its previous support level.

Currently, the price drop coincides with a broader market downturn and a shift from optimistic to pessimistic sentiment. As it stands, the leading cryptocurrency is trading at $89,656. Due to dwindling buying interest, there’s a possibility that this decline could continue for the time being.

This situation is still unfolding…

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2025-01-13 18:24