Bitcoin Drops Below $90,000, Leading to Decline in Crypto Stocks

Reported about 15 hours ago

Bitcoin's value plummeted below $90,000 for the first time since November, leading to a drop in major crypto stocks like Coinbase and Strategy. The decline was driven by macroeconomic fears related to US interest rates, alongside controversies within the crypto industry, including a significant heist affecting the Bybit exchange. Overall, Bitcoin has decreased nearly 15% over the past month, reversing gains made after the election of President Trump.

Source: YAHOO

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