Bitcoin Crash! Cryptocurrency Dives Below $90,000 for First Time in 7 Months; $1.2 Trillion Wiped Out in Market Rout - The Times of India

Bitcoin plunges to lowest level in seven months as digital asset falls to $80K range

Bitcoin plummeted to its lowest level in seven months on Friday, extending a brutal November selloff that has wiped out more than a fifth of its value and knocked the world’s biggest cryptocurrency down to the $80,000 range.

Bitcoin slumps as leveraged traders face mounting losses

The Bitcoin bounce never came – and now leveraged traders are trapped. After peaking around US$126,000 ($225,342) in early October, Bitcoin has dropped...

Here's Why Bitcoin Is Dropping Below $90,000

The value of bitcoin has fallen sharply since reaching record heights last month, briefly falling below $90,000 on Tuesday compared with above $126,000 at the start of October.

The Guardian view on crypto’s latest crash: it reveals who pays the price for a failing economy

The bitcoin collapse lifts the lid on a society without opportunity, where risk is privatised and rightwingers sell illusions of freedom while ordinary punters bear lossesThe crypto crash has come again. And it is as brutal as ever. In barely six weeks, more than $1.2tn has evaporated from cryptocurrencies’ market capitalisation. The sell-off has sent bitcoin back to levels last seen in April. The world’s largest cryptocurrency briefly fell belo…

Bitcoin crash! Cryptocurrency dives below $90,000 for first time in 7 months; $1.2 trillion wiped out in market rout - The Times of India

Bitcoin has fallen below $90,000, its lowest in seven months. This marks a significant drop from its October peak. The digital asset market has lost $1.2 trillion in value. Traders cite concerns over US interest rates and market uncertainty. Major crypto-linked firms have also seen their shares decline. Ether, the second-largest cryptocurrency, is also under pressure.

Bitcoin briefly falls below $90,000 to lowest since April

The cryptocurrency appeared to be foreshadowing a decline in stocks.