Bitcoin's value has sharply declined, dropping below $89,000, influenced by unfulfilled policy promises, economic fears, and a significant hack. This downturn reflects broader market instability, with major cryptocurrencies also suffering losses.
Bitcoin has seen a significant drop in value, falling below $90,000, amidst a broader cryptocurrency market selloff. Factors include trade war fears, a major hack at Bybit, and controversies surrounding memecoins.
Bitcoin's value has plummeted below $89,000, erasing nearly half a trillion dollars from the crypto market. This downturn follows a record high and is compounded by a major hack on Bybit and broader economic concerns.