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Bitcoin Dips Back Below $90,000 as Global Selloff Deepens
Ninety-thousand has “proven to be a critical level that we’ve seen hold as support since the early days of the year and is likely an important inflection point in the short term,” said Karim Dandashy, an over-the-counter trader at crypto trading firm Flowdesk. Small, less liquid tokens fell more, with Ether dropping more than 7% and Solana slumping 5.3%. Shares in crypto-linked stocks also slumped. Coinbase Global Inc. fell 5.6%, while Bitcoin accumulator Strategy Inc. slumped almost 8%. Financial markets have tumbled after President Donald Trump threatened the postwar order by asserting US dominance of the ... (full story)
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