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Bitcoin sinks below $90K as large investors sell their holdings and haven seekers go elsewhere
After a brief rally last week, bitcoin was back below $90,000 Thursday. It’s been a volatile week for global markets. President Donald Trump threatened new tariffs on several European countries, then backed off days later, causing stocks to whipsaw. Japanese bonds were selling off, and U.S. Treasury yields were moving higher. All of this pointed to a “risk-off” sentiment taking over among investors, and that meant there wasn’t much appetite for bitcoin. “In short, a geopolitical roller coaster and surging Japanese government bond yields across the curve are likely the major factors driving the recent ... (full story)
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