Bitcoin drops below $90,000 as crypto market stays shaky
Bitcoin slipped under $90,000 on Tuesday, continuing a rough patch that's erased all its gains from earlier this year.
After hitting a high of over $126,000 in October, the world's top cryptocurrency is now struggling with market turbulence.
Rising interest-rate worries and risky price levels have made investors more cautious, leaving Bitcoin open to more ups and downs.
What's behind the slide?
The big selloff in early October triggered over $19 billion in liquidations and wiped out more than $1 trillion from the crypto market.
While big institutions are mostly holding steady, regular investors have pulled back—especially from riskier altcoins.
Options traders are now snapping up protection against even steeper drops at the $85k and $80k marks, showing just how uncertain things feel for digital assets right now.